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Suncast strengthens its presence in the Latin American energy market with a commercial mission in Brazil

Pedro Correa, Suncast’s CTO, met with important representatives of the regional energy sector during the Intersolar South America 2024, he emphasized the role of collaboration and the future development of renewable energy.

 In addition, after its successful implementation in Chile, Suncast’s executive detected a possible opportunity for technological integration to offer generation forecasts that comply with the Brazilian National Electric System Operator (ONS).


Chilean technology is soon to arrive in Brazil, Suncast’s CTO, Pedro Correa, discovered this opportunity during his recent participation in Latin America’s largest conference for the solar industry, “Intersolar South America 2024”.


As part of ProChile's commercial mission to the Brazilian market, the organization chose Suncast as one of the Chilean companies to provide exportable services and solutions for the overall value chain of the solar energy industry.


Also, as part of the mission schedule, Suncast’s CTO took part in a renowned workshop with leaders such as Hugo Corales, ProChile’s Trade Manager in Brazil, Juan Carlos Salazar-Álvarez, Consul of Chile, and Gustavo Vajda, General Manager of Recurrent Energy and board member of the Brazilian Association of Photovoltaic Solar Energy (ABSOLAR), who discussed the future of renewable energies and the possible alliance strategies.


During the event, Hugo Corales, ProChile’s Trade Manager in Brazil, shared his contrasting views on Chile's and Brazil's current energy development. He assured that each country has different challenges and opportunities, which is why he emphasized the importance of holding such conferences.

“Learning from successful experiences that can be replicated in other countries is a great legacy of this encounter, there is a common goal: to promote growth and sustainable development between our countries as an invitation to collaborate and move forward as one,” he said.

As a part of the conversations held during the commercial mission, Suncast is expected to enter the Latin American market in the short term. “Soon, Brazil’s National Electric System Operator (ONS) will require the sending of generation forecasts, as it is already done by the Coordinador Eléctrico Nacional (CEN) in Chile. At Suncast, we are prepared to adapt our services to comply with the new requirements, replicating our experience in Chile where we already provide forecasts following the formats and frequencies required by CEN”, explained Pedro Correa.


Suncast’s CTO highlighted the country’s high energy potential and explained that as the amount of solar and wind energy power in the Brazilian matrix increases, energy forecasts become a necessity to guarantee stable system operation, an area in which Suncast sees its potential to open its horizons.


“In the last 10 years, photovoltaic energy in Brazil went from representing 0% to 20% of the total installed capacity, becoming the second most important energy source of the country. This statistic shows the constant progress and commitment of the Latin America giant in renewable energy,” said Pedro Correa.


In closing, the Manager of ProChile’s Brazilian office highlighted the contribution of Artificial Intelligence to the energy industry. “Machine learning and AI are revolutionizing the world of renewable energies, predicting and anticipating energy generation in a potential solar or wind project, detecting anomalies in equipment and performing maintenance work promptly, improving the efficiency and decreasing the operational costs of renewable energy power plants. The growth and evolution of this technology field has contributed to improving performance and increasing productivity,” he said.

“Suncast is a benchmark company that applies Artificial Intelligence (AI) to improve the performance of renewable energies in Chile and has quickly positioned itself in other markets. The key contribution of this type of company is that it serves as a spearhead or an example for other national companies that are at different stages of their internationalization process, proving that it is possible to open up to other markets, especially in Latin America,” he added.


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