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The New Factory Focused on Solar Energy Equipment Will Be Built by Brametal in Linhares, Espírito Santo
Brametal will invest R$ 7 million to construct a new factory in the Linhares complex, in the state of Espírito Santo. The new unit will focus on the production line to serve the solar photovoltaic energy generation market. The company already has a factory in the city in the northern part of the state, as well as another unit in Criciúma, Santa Catarina, with a total production capacity of up to 200,000 tons/year. See also: Ceará Will Open a New Solar Panel Factory, Creating Many Jobs
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Investments in the New Factory in the State of Espírito Santo
In addition to constructing the new factory dedicated to producing items for the solar photovoltaic energy generation market, the company has expanded its portfolio and is launching two new products: the Brafix 3.0 and the Bifacial Tracker (structures for solar energy generation).
Marcos Bercht, industrial director of Brametal, states that in addition to the investment in the new factory, an additional R$ 5 million will be allocated for the development of the engineering sector and new products, thereby increasing our production capacity with the new plant. This will allow us to reduce delivery times, maintain stock of raw materials and finished products across the entire line to meet market demands, says the director.
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The Company Already Has Projects in the Solar Energy Sector
Recently, EDP handed over one of the largest solar plants in Espírito Santo – located in Linhares (where the new factory will be built) – to Brametal. The solar plant consists of 3,780 photovoltaic modules distributed over an area of about 40,000 square meters, approximately the size of six football fields, and features tracking technology, where the modules move according to changes in the angle of sunlight for maximum exposure to irradiation.
Also Check: R$ 12 Million Will Be Invested in a New Solar Panel Generator Factory in the Pecém Complex, Ceará
After signing a memorandum of understanding with the Government of Ceará, the Santa Catarina-based company Renovigi Energia Solar expects to begin operations of its new factory in the state by the end of this year. According to Gustavo Martins, president of Renovigi, the total investment is R$ 150 million, which includes the installation of the assembly line (R$ 12.5 million), as well as the acquisition of raw materials, working capital, equipment, investments in distribution, among others.
Renovigi promises to invest R$ 12 million in building or leasing two industrial warehouses – one to house the solar panel assembly factory and another for a Distribution Center for the products. The properties are being leased from the Industrial and Port Complex Development Company of Pecém (CIPP S/A), which manages the Pecém Complex, including the seaport and the ZPE.
The investment for setting up its solar panel assembly factory and Distribution Center seems small, but Renovigi Energia Solar estimates that it will mobilize R$ 250 million in working capital and that its annual revenue, which will reach R$ 2 billion starting in 2022.
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