Atlas Renewable weighs up to 500 MW for Brazil’s first battery auction

ESS News reports that Atlas Renewable Energy could enter up to 500 MW of BESS capacity in Brazil’s storage capacity reserve auction expected later this year. Atlas also warned that rising battery import duties, moving toward 25%, could pressure project economics because domestic manufacturing is not yet competitive with international suppliers. The auction is a key test for how Brazil will value batteries as renewable penetration grows and curtailment becomes a bigger market issue.