The facility, located in Puerto Sandino, is one of the country’s largest PV plants. Modules provided by Recom were installed at the plant.
Spanish solar association UNEF claims PV was discriminated against in the auction and announced it will appeal to the European Commission.
Ceará’s environmental authorities approved three 30 MW solar projects submitted by Steelcons Energy.
The BNDES will support a 150 MW solar project being developed by EDF and Canadian Solar in the state of Minas Gerais. The project is scheduled to come online in August 2017.
The funds will be devoted to large-scale wind and solar projects across Brazil.
The auction will be held in November. Under the auction’s new dispostions, solar projects will be able to sell power to more entities, while prior to these new rules the only buyer was state-owned electric utility CFE.
The combined capacity of these installations has reached approximately 78 MW. The state with the highest number of PV systems under net metering is Minas Gerais.
Spain must pay €128 million for cuts to compensation for concentrating solar power (CSP) plants as ordered by the World Bank’s ICSID, where many other cases for investors in solar PV and other renewable energy projects are pending.
The Chinese module manufacturer intends to invest 112 million BRL ($35.2 million) in the manufacturing facility.
Brazil’s third biggest electric utility company has set up Envo, a new unit offering residential and commercial PV solutions under net metering. The offer includes a financing option with Banco Santander.