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Brazil

Jenny Chase predicts up to 194 GW of solar this year

Falling module prices will help PV post another record year after an estimated 132 GW was installed worldwide in 2020, according to an energy transition investment trends report published by Bloomberg New Energy Finance.

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IFC says green recovery could drive $2.5tn renewables market this decade

The private-sector arm of the World Bank, which claims to leverage $3 of its own capital and $8 from third parties for every dollar invested in its blended finance funds, has attempted to quantify what devoting Covid recovery funds to green investment would mean for emerging economies.

Brazil may add 9 GW of distributed solar over next two years

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.

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EDP acquires stake in Brazilian distributed-gen PV company

Portuguese utility EDP has agreed to buy a minority stake of up to 40% in Brazil’s Blue Sol Participações.

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Brazil hits 7 GW mark, targets 45% renewables by 2050

Brazil has installed around 3 GW of large-scale solar capacity, in addition to 4 GW in the distributed-generation PV segment.

Assessing PV performance in zero-energy building

A Brazilian research team has shown the advantages of linking solar-powered zero-energy buildings to recharging stations for electric vehicles. It proposed a model that can be applied to any location.

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Canadian Solar secures PPAs for 862 MW of solar in Brazil

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.

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World Bank allocates $50m credit for commercial solar panels in Brazil

The finance is being made available through Santander Brasil as part of an $8 billion global response to Covid-19.

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Major economies should divert fossil fuel Covid-recovery cash to clean energy before it’s too late

A report by Finnish company Wärtsilä has estimated the potential impact if every dollar committed to a non-renewables energy sector recovery was instead funneled to clean power.

Tender launched for utility-scale floating PV in Brazil

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.

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