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Solar cogeneration in Brazil will receive boost from Singapore

Written by Paulo Nogueira
Published 06/08/2019 às 07:50

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singapore solar joint venture
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To guarantee its entry into the national market, FinTeix Pte Ltd will offer technological solutions in solar energy with a Brazilian company

FinTeix Pte Ltd, a Singapore-based blockchain company, has signed a memorandum of understanding (MoU) and formed a joint venture (JV) with Brazil's ENIND Energia, with the aim of bringing new solar technology to the Brazilian market.

The partnership with the Brazilian construction and engineering company will allow FinTeix to enter the local market, where it plans to offer solar cogeneration systems.

On its website FinTeix says that the solution is designed for the commercial and industrial (C&I) market, but the company will also target civilian consumers, including those in remote areas of Brazil.

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As there will be new auctions in october and december, it would be a great chance to show FinTeix to understand the main specifications of these types of projects in Brazil. Source: Renewables Now.

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Paulo Nogueira

With a technical background, I worked in the offshore oil and gas market for a few years. Today, my team and I are dedicated to bringing information from the Brazilian energy sector and the world, always with credible and up-to-date sources.

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