Partnership Between Watt Capital and G2A Consultants to Boost Innovations in Renewable Energy with Battery Storage

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Published on 02/09/2024 at 15:09

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Watt Capital and G2A Consultants Form Partnership for Renewable Energy Projects with Battery Storage Systems, Focusing on Technical Viability.

Watt Capital has teamed up with G2A Consultants to develop initiatives in the areas of renewable energy, integrating battery storage technologies. This agreement aims to enhance the efficiency and technical viability of projects, bringing significant advancements to the energy sector.

The new projects utilizing renewable energy promise a transformation in the use of renewable sources. The inclusion of battery storage systems will be essential to maximize the benefits of clean energy. This partnership paves the way for various innovative and sustainable solutions in the energy market.

São Paulo, September 2, 2024 – During the Intersolar South America conference, Watt Capital, which specializes in financial advisory in the renewable energy sector, and G2A Consultants, experts in consultancy for renewable energy project development, announced the formation of a promising strategic partnership.

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Focus on Project Viability with Renewable Energy

The collaboration aims to provide comprehensive services for technical feasibility analysis, economic and regulatory for projects focused on renewable sources, integrating battery storage systems. These services are designed for projects connected to the national interconnected system (SIN) and cover both ‘behind the meter’ and ‘front of the meter’ applications. The main target audience for this collaboration includes project developers, investors, and equipment suppliers looking to enable and innovate business models within the renewable energy sector.

Expectations in the Renewable Energy Sector in Brazil

Mariana Galhardo, partner at G2A, expressed her enthusiasm about the prospects of new projects in Brazil: ‘Projects with BESS (Battery Energy Storage Systems) open a wide range of possible applications and bring innovative solutions for SEB (Brazilian Electric Sector). These systems are essential to mitigate issues like curtailment and provide essential ancillary services for grid stability. They also allow for price arbitrage in hourly price displacement scenarios, optimizing economic and operational efficiency.’

Impacts on Distributed and Centralized Generation

In Brazil, these projects are highly promising for both optimizing distributed generation and centralized generation, providing support to renewable sources in capacity reserve auctions. The integration of battery storage systems can provide greater flexibility to the SIN and reduce operational costs. Eduardo Tobias, managing partner at Watt Capital, emphasized: ‘The economic feasibility analysis of projects is crucial and must be conducted with diligence to address all the particularities and possibilities of these projects, whose business model, regulation, and funding sources are still maturing.’

Additional Challenges and Tax Reforms

He also mentioned the additional challenge of evaluating these projects in the context of the tax reform approved by Constitutional Amendment 132, in December 2023, which provides for the replacement of PIS/PASEP and COFINS by CBS starting in 2027. This new regulatory environment requires an even more detailed and strategic analysis to ensure the economic viability of renewable energy projects, especially in a market that is constantly evolving.

Profile of G2A Consultants

About G2A Consultants: G2A Consultants is a company dedicated to supporting the development of new businesses in the energy market, with a specific focus on technical and regulatory aspects. We serve companies already operating in Brazil and offer support to global companies evaluating the start of their activities in the national territory. Our commitment is to provide innovative and sustainable solutions, aligned with the specific needs of each client, ensuring regulatory compliance and operational efficiency.

Profile of Watt Capital

About Watt Capital: Founded in 2020, Watt Capital is a financial advisory company focused on investments, financing structuring, and the buying and selling of renewable energy projects and assets in Brazil. For more information, visit www.wattcapital.com.br, email info@wattcapital.com.br or call (41) 99619-3232.

Source: Press WATT CAPITAL

Partnership Between Watt Capital and G2A Consultants to Boost Innovations in Renewable Energy with Battery Storage

Watt Capital and G2A Consultants Form Partnership for Renewable Energy Projects with Battery Storage Systems, Focusing on Technical Viability.

Focus on Project Viability with Renewable Energy

Expectations in the Renewable Energy Sector in Brazil

Impacts on Distributed and Centralized Generation

Additional Challenges and Tax Reforms

Profile of G2A Consultants

Profile of Watt Capital

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Partnership Between Watt Capital and G2A Consultants to Boost Innovations in Renewable Energy with Battery Storage

Watt Capital and G2A Consultants Form Partnership for Renewable Energy Projects with Battery Storage Systems, Focusing on Technical Viability.

Focus on Project Viability with Renewable Energy

Expectations in the Renewable Energy Sector in Brazil

Impacts on Distributed and Centralized Generation

Additional Challenges and Tax Reforms

Profile of G2A Consultants

Profile of Watt Capital

The Soviet Union spent 22 years drilling into the Earth’s crust and reached a depth of 12,262 meters — they found water where it was thought impossible, hydrogen bubbling from the rock, granite that is 2.7 billion years old, and temperatures of 180 degrees that melted the drill bits.

Egypt wants to draw 10 million cubic meters of water from the Nile per day into the desert, irrigate a new agricultural frontier, and build a city where there is currently only sand.

Norway is drilling 27 kilometers of rock 392 meters below the bottom of a fjord to build the world’s largest and deepest underwater road tunnel — when completed, a 21-hour journey will be reduced to 10.

An astronaut spent 340 days in space while his twin brother stayed on Earth, and NASA found a “rejuvenating” effect, genes, microbiome, cognition, and immune system that revealed the biological cost of living outside the planet.

Xiaomi launches new smart stove with titanium sensor and automatic shutdown that detects an open flame without supervision.

China has just successfully tested the world’s first ground effect maritime vehicle, a craft that flies up to 6 meters above the water at 200 km/h, uses quantum technology and 6G communication, and can rescue patients in the middle of the ocean.

Scientists find active mud volcano hidden in a 300-meter crater at the bottom of the Arctic — and discover life that survives on methane instead of sunlight

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