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Canadian Solar raises $100m to fund projects in Brazil

Canadian Solar has banked the cash for its growing portfolio of solar projects in a nation which had module demand of 5 GW last year.

Brazil’s recent energy auctions

Solar developers only had limited success in Brazil’s latest energy auctions, with relatively higher prices for PV. Several analysts spoke to pv magazine about the results of the procurement exercises.

Huge Vietnamese solar park could hit 2.8 GW within a year

An energy transition investment report published this week has also revealed the former world record low price for solar power announced by the Al Dhafra project in Abu Dhabi last year, has fallen even lower since.


New PV system assembly factory in Brazil

The factory will be located in the state of Ceará and is expected to begin manufacturing activities in 2022.


Brazil allocates 269.3 MW of solar across two energy auctions

The A-4 and A-3 auctions saw the participation of a huge amount of solar, wind, hydroelectric, and biomass projects.


New renewables cheaper than legacy coal or gas for almost half the world’s population

Electricity bill payers in nations as diverse as Germany, Greece, India and China should be aware new solar projects can now generate electricity cheaper for them than legacy coal and gas-fired plants.

Brazil passes 9 GW of PV capacity

Brazil has installed 1 GW of new PV capacity in the past month alone. The distributed-generation solar segment and bilateral PPAs for large-scale PV plants are driving the market.

Brazil’s first hybrid wind-solar project

Votorantim Energia and the Canada Pension Plan Investment Board have decided to invest US$35 million in the 68.9 MWac project.

Brazil’s solar PPA market reaches 8.4 GW

According to a recent report from Brazilian consultancy Greener, unsubsidized solar projects are proliferating in the Latin American country. The study also reveals that the utility scale PV projects that are in an early or intermediate stage of development, have a combined capacity of 98.9 GW.

China’s Covid recovery saw green bond issuance rebound in second half of 2020

The $18bn worth of sustainable finance instruments floated in the nation last year marked a retreat from previous highs but, with most of the bonds issued from July onwards, the recovery is under way, according to the IFC, which is anticipating a more-than-$100 billion sector in emerging markets over the next three years.

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