Utility-scale PV module tracking systems specialist Exosun has formed a joint venture firm with Brazilian firm Ecoluz Part to target the emerging PV market in the country.
The JV, Exosun Brazil, based in Salvador (Bahia) will not only provide tracking systems to the emerging Brazilian market but also full EPC and IPP services. Ecoluz was said to have 27 years of expertise in energy engineering services in Brazil.
Exosun added that it had developed partnerships with Brazilian manufacturers to ensure local production of at least 80% of its tracker value.
Frédéric Conchy, Exosun’s president said, “In this country [Brazil] with high solar irradiation levels, combined with a strong governmental will to develop renewable energy sources, there is a significant market for solar trackers. It was therefore essential for us to establish a subsidiary in Brazil.”