Brasil’s BNDES finances renewable energy projects for isolated systems in Amazonas
Projects selected in an upcoming auction will have access to a financing scheme of the Climate Fund (Fundo Clima) managed by BNDES
Panama reports 46 MW of new large-scale solar capacity for 2016
With seven large-scale PV projects connected to the grid last year, Panama has reached a cumulative PV capacity of 89 MW.
Power Electronics provides 275 MW of inverters for two Mexican projects
The devices will be used by Spanish developer Iberdrola Renovables to build two large-scale PV projects in Sonora and San Luis de Potosí.
Over 50,000 distributed generation PV projects expected to come online in Mexico this year
Mexican company Conermex forecasts that investment for distributed generation projects (DGPV) in Mexico could reach $750 million between 2017 and 2018.
Chile registers increase in PV installations for self-consumption
PV systems installed under Chile’s net-metering scheme have reached 6.4 MW. The Chilean government has recently made it easier to install small-sized PV for self-consumption.
Canadian Solar gets $20 million financing for PV project in Brazil
The Chinese-Canadian company has secured $20 million in funds to support the construction of a 191 MW PV plant in Brazil.
Welink and CTIEC bag EPC contract to build 220 MW PV plant in Portugal
Work on this huge solar project without subsidies is expected to begin in the first quarter of this year.
Colombia issues legislation for self-consumption
The Colombian government has published the decree that regulates the installation of renewable energy and solar power systems for self-consumption. The new regulation, which applies to systems up to 100 kW, simplifies the procedures for grid-connection and sale of excess power.
Chint signs framework agreement to build solar factory in Brazil
The Chinese module maker has signed an agreement to set up a solar module manufacturing facility in Brazil. The local government hopes the new factory will attract more investments.
Spain installed PV systems totaling 55 MW in 2016
In 2016, Spain’s solar development was driven by grid-connected PV systems for self-consumption and stand-alone systems for agricultural use.
