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ISA Cteep to build Brazil’s first large energy storage project

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ISA Cteep, a private-sector power transmission company, agreed to build the first large-scale energy storage project linked to Brazil’s National Interconnected System (SIN). The company signed a contract with a consortium that includes You.On Energia, a company specialized in energy storage systems, and TS Infraestrutura, which gathers engineering assets spun off from Toshiba.The companies have not revealed the value of the agreement. The 30-megawatt project was approved by the electric sector regulator Aneel last year to expand the power grid in the coastal cities of São Paulo, Brazil’s most populous state. The R$146 million project is expected to start operating by the end of the year in Registro.The location was chosen due to the high demand for electric power during the summer when tourists flock to coastal towns, said Rui Chammas, CEO of ISA Cteep. "In this region, we typically put in place special operations to ensure the quality of supply. We realized that it would be important to find a way to meet peak demand," the executive said.Aneel allowed ISA Cteep to have yearly revenue of R$27 million with the project. Batteries are being imported from China by You.On Energia.China has the largest companies in terms of scale production of lithium-ion batteries, which means good quality and price, said Giorgio Seigne, CEO of You.On Energia. "There are American and European providers, but they are not competitive in terms of prices and delivery times. We hope that the local industry can provide batteries of the necessary size for a large-scale project in the coming years," he said.The batteries are being manufactured and are expected to arrive here by August. The earthmoving works are expected to end by April, and the companies expect to start laying cables by May. Companies have already contracted all the equipment, said Helder Torres, the chief commercial officer of TS Infraestrutura. "We are talking about a very fast deployment project, in a pandemic and war scenario, so we have to be very efficient," Mr. Torres said.TS Infraestrutura will make the...

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