Growatt continues to increase its investments in Brazil and has established a call center in Maringá in addition to its technical support center in São Paulo.
Brazil may see the deployment of 4 GW of new distributed generation solar capacity this year and another 5 GW next year, according to Aldo Pereira Teixeira, the CEO of Brazil’s largest PV product distributor and system integrator. In an interview with pv magazine, he explains why and how this huge growth could materialize.
Portuguese utility EDP has agreed to buy a minority stake of up to 40% in Brazil’s Blue Sol Participações.
Brazil has installed around 3 GW of large-scale solar capacity, in addition to 4 GW in the distributed-generation PV segment.
The Chinese-Canadian company has secured two more deals in the Brazilian deregulated energy market. A 12-year PPA was awarded by BTG bank while a second, 15-year contract was awarded by power provider Furnas Centrais Elétricas.
The finance is being made available through Santander Brasil as part of an $8 billion global response to Covid-19.
The state of São Paulo’s energy supplier is seeking proposals for four floating solar projects, ranging in size from 1 MW to 30 MW.
According to a recent report from Brazilian consultancy Greener, the country imported 1.61 GW of panels in the first quarter and 877 MW in the second. Domestic PV module makers had a 4.4% market share with around 100 MW in shipped modules in the first half of the year. The analysts claim these figures show the Brazilian PV market has not been affected by the Covid-19 crisis.
The Brazilian government has u-turned over solar equipment import duty by introducing a measure to remove the 12% levy for 101 types of module plus some inverters and trackers. President Jair Bolsonaro had vetoed a similar proposal by the Senate and House of Representatives in November, stating it would be too costly.
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