Soliker to build 25 MW under net metering in Brazil

Brazilian solar manufacturer Soliker Solar, a subsidiary of Sandylon Investments, is planning to deploy around 25 MW of PV capacity under net metering in the state of Tocantins, in central Brazil.

In a meeting with the state governor, Claudia Lolis, the company’s director Gabriela Corté said that the five distributed generation solar projects will have a required investment of 20 million BRL (around $5.1 million) each, and that the projects will be developed under Brazil’s net metering scheme.

Corté said that the feasibility studies for the projects will be carried our over the next weeks, and that the installations are planned to be built during 2018.

“We want to sure these investments will come to the state as quickly as possible, and our entire team is ready to contribute,” Lelis said in the meeting.

Soliker’s plan to invest in solar in Tocantins dates back to 2015, when the company announced plans to build a solar module factory and PV power plant in the region.

Brazil improved its regulation for net metering in early 2017 by raising the size limit of projects eligible to have access to the scheme from 1 MW to 5 MW.

According to provisional numbers released by the Brazilian Ministry of Energy and Mines (MME) in August, distributed generation PV systems (up to 5 MW) installed in Brazil have totaled 92 MW. According to the Brazilian solar association AB SOLAR, however, PV distributed generation had already reached 100 MW as of the end of July.