Livoltek, a Hexing Group company, announces the opening of the first solar energy inverter factory in Latin America in the Manaus Free Trade Zone (ZFM). The investment is in the order of R$70 million and is expected to generate more than 600 jobs and a total area of 18 thousand m². The event to celebrate the start of operations on Amazonian soil is scheduled for July 24th.

With production scheduled to begin in the second half of 2024, Livoltek becomes the largest and only manufacturer of photovoltaic inverters in Latin America. The investment in the Manaus Free Trade Zone also includes lithium batteries and electric vehicle chargers manufacturing, which should begin at the end of 2024.

In addition to supplying the local Brazilian market, Livoltek's strategy is to serve neighboring countries such as Argentina, Colombia, Paraguay and Peru and, in the future, evaluate exports to Europe.

(Source: Planeta Amazónia, on June 12)