Chinese module maker BYD is producing a new bifacial monocrystalline panel at its manufacturing facility in Sao Paulo, Brazil. The module has a power output of up to 355 W and a conversion efficiency of 16.33%.

Atlas Renewable Energy has expanded its ability to fund further plant development in Brazil by selling 545 MW of operating assets to Engie Brasil Energia for BRL 3.2 billion ($641 million). The acquisition will increase Engie’s share of Brazil’s utility-scale solar generation capacity from 3% to 9%.

Brazil has reached a milestone in its distributed-generation solar capacity, with a total of 24 GW. Since April, it has deployed an additional 4 GW of distributed solar capacity. However, the third quarter of this year marked the first signs of a market contraction.

Brazil-based VedantaESS has agreed to buy EnerVenue’s energy storage vessels for use in utility-scale, distributed-generation and isolated microgrid applications.

Aneel, the Brazilian energy regulator, has launched a plan to implement new storage provisions in three phases. It has also defined storage resources and services to be provided this year and has outlined new rules for pumped hydro facilities in 2024.

Atlas Renewable Energy has commissioned 600 MW of solar capacity in Brazil, following the completion of the Lar do Sol and Casablanca plants in the state of Minas Gerais. The facilities will provide energy to Unipar and Anglo American via power purchase agreements (PPAs).

Brazil’s Fortlev Solar has created a new polyethylene mounting structure to significantly cut installation times. It weighs 15 kg and uses the weight of natural and manmade materials for anchoring, rather than relying solely on fixed supports.

Brazil imported 7.8 GW of solar modules in the first half of 2023, with Chinese manufacturers Canadian Solar and JinkoSolar providing 2.4 GW of the total. This marked a 19% reduction in panel imports from the first six months of 2022, according to consultancy Greener.

A Brazilian consortium is testing a new floating PV system design on a lake in the state of Sao Paulo. The facility is setting standards for future development of floating arrays in Brazil.

The 10th edition of Brazil’s Intersolar South America trade show grew from last year’s event in terms of exhibitors and visitors. The Brazilian solar market is now on track to maintain its position as one of the world’s largest, despite a slight contraction this year.