Brazil

Brazilian hydropower dam to host 30 MW of floating solar

Tractebel will develop the basic design of three floating PV projects at the 52.2 MW Batalha hydropower project, which is owned by Brazilian state-run power company Eletrobras Furnas.

3

5.5 GW of unsubsidized solar for Brazil

The pipeline of large-scale solar projects that are not being planned to compete in public auctions is growing significantly in Brazil, according to a report by consultancy Greener. The study also reveals that all of these projects have already secured a permit to start commercial operations, and that they are located in six states, including Minas Gerais, Sao Paulo and Ceará.

Germany tops global league table for renewable energy

A list compiled by a British price comparison website draws upon data from German company Statista which shows clean energy – including hydro – made up 12.74% of the nation’s power mix at the end of September.

2

Central Bank of Brazil launches two more solar tenders

Brazil’s biggest lender wants to secure solar power through a leasing arrangement. The central bank expects to buy around 8 GWh of electricity per year for its agencies in the state of Bahia and another 2 GWh in Ceará.

Bolsonaro scraps solar tax planned by Brazilian regulator

The Brazilian president said the potential introduction of a grid fee for net metered solar systems will be eliminated thanks to an urgent ad-hoc decree expected to be approved soon by parliament. The proposed ‘solar tax’ would have affected all new PV installations with a generation capacity of no larger than 5 MW under Brazil’s net metering regime.

4

Solar-plus-storage will start to make big inroads in the year ahead

By this time next year we may be able to wave goodbye to that old chestnut about renewables endangering security of supply. Elsewhere, the price of lithium – and the products it goes into – could go either way after tanking this year.

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Clean energy must be rolled out six times faster

To have any hope of restricting global heating to a maximum of 1.5 degrees Celsius, the renewables success story which saw 108 GW of solar deployed last year needs to be cranked up to the next level – and fast.

6

Brazil’s Copel contracts another 121.6 MW

The energy provider concluded its second renewables auction on November 13, and has contracted 121.6 MW of wind and solar. Selected projects will be granted a 15-year PPA and will have to begin commercial operations in 2023.

Chinese module makers land another two big overseas orders

GCL and Canadian Solar provide further proof of the solar boom that is gathering pace around the world even as attention focuses on the Chinese market.

Canadian Solar sees turnover and profits retreat

The Chinese-Canadian manufacturer reported a 1% decrease in sales in the third quarter, with net profit falling 19%, to US$55.2 million. Quarterly shipments were up significantly year on year, from 1.59 GW in July-to-September last year to 2,387 MW this time around. The company expects to ship up to 8.5 GW of panels and achieve turnover of up to US$3.16 billion this year.

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