The procurement is planned for May 16 and will award 15-year PPAs to projects based on conventional and renewable energy generation. Solar could help remove the state’s reliance on power generated by a company based in crisis-torn Venezuela.
The plant, under development by Canadian Solar, has secured $80 million from Banco do Nordeste. The facility is scheduled to come online in mid-2020.
The São Pedro solar complex is in Bom Jesus da Lapa, Bahia state. The plant, awarded a 20-year PPA in Brazil’s 2015 renewable energy auction, was installed with Jinko and Canadian Solar modules. The latter makes modules in São Paulo.
Having put key PV projects into commercial operation, the company is capitalizing on their production. Scatec also has twice its current installed capacity under construction and nearly fourfold that amount – more than 4 GW – in the pipeline as 2018 expectations were surpassed.
The global market stagnated last year, with around 98 GW deployed. For 2019, the experts expect stronger solar growth, provided there are no setbacks in China.
The 540 MW project, in Brasileira, will feature 18 units with a capacity of 30 MW each. The developer is Brazil-based Gruppo Interalli and work on the giant plant is expected to start in the second quarter of the year.
Although power companies have urged the new administration of Jair Bolsonaro to reduce incentives for net metered solar distributed generation, ANEEL has proposed maintaining them until PV reaches a certain proportion of the electricity sector.
Two facilities were sold along with a 90 MW wind power plant generating the vendor around €700 million. Both solar projects were awarded 20-year PPAs in the most successful auction held by the Brazilian government, in August 2015.
The Brazilian module maker expects to start construction of a factory in the state of Tocantins in the second half of the year. The project is receiving support from the local ministry of environment.
According to figures from solar association ABSolar, most of the installed capacity – 371.9 MW – was installed in 2018. Commercial PV dominates with 43.2% as cheaper modules and higher electricity tariffs, combined with an extensive net metering regime, continue to fuel installation rates.
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