One of Brazil’s leading renewable energy advisory and management companies will establish its Australian and New Zealand HQ in Melbourne, further cementing Victoria’s strong credentials as a leader in renewable energy.

Energy services firm Grupo Energia is expected to create up to 70 new jobs as part of its investment in Victoria including technical, commercial and engineering roles.

The company is a leader in Brazil and across Latin America delivering advisory, management and operation support for solar, wind, hydro-electric and other renewable power generation projects. The company is also a market leader in energy storage and power transmission management.

Commenting on the investment, Grupo Energia’s CEO Rubens Brandt said that “the Victorian Government’s support was instrumental to our decision to locate the company’s Australia & NZ headquarters in Melbourne.”

Founded in 2004 in Brazil, Grupo Energia is focused on delivering complete solutions to wind, solar, hydro and other alternative power sources and energy storage systems.

It is the latest company to invest in Victoria’s renewable energy industry, following in the footsteps of Mainstream Renewable Power, Total Eren, Tilt Renewables, Acciona Nordex, BayWa re, X-Elio and Iberdrola.

Victoria’s renewable energy targets will increase the share of electricity generated by renewables to 25 per cent by 2020, 40 per cent by 2025, and 50 per cent by 2030.

These targets are expected to create around 24,000 jobs by 2030 and drive an additional $5.8 billion in economic activity in Victoria.

Victoria also has a strong and competitive financial services sector ready to support new energy technology investments, providing an ideal base for expansion into the Asia Pacific region.

Victoria supports investment from Latin America through its Victorian Government Trade and Investment office in Santiago, Chile.

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