Brazil

Global renewables investment fell in the first half of this year

While Spain, Sweden, Ukraine and Brazil attracted more funds than last year, China’s transition to an auction-based procurement system and slow performance overall in Europe saw worldwide backing decrease. BloombergNEF does expect investments to ramp up in the second half, however.

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Lightsource BP acquires 1.9 GW of Brazilian solar projects

The developer has announced a major portfolio acquisition. London-based Lightsource says it has acquired 1.9 GW of solar generation capacity in various stages of development from Brazilian developer Enerlife.

Trina partners with Aldo Solar in Brazil

Chinese module maker Trina Solar has announced a partnership with the distributor to bring its new mono PERC modules to Brazil’s fast-growing distributed generation market.

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Brazil A-4 auction signs 211 MW of solar for record-low price of $0.0175 kWh

Cracking the two-cent-mark as a global standard for PV appears within sight as projects in the U.S. and Brazil have been signed below that threshold. Just two years ago the industry celebrated sub-three-cent bids in the MENA region. Prices have come down so quickly, however, the new records are another third cheaper.

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A thumping 29.7 GW of solar project capacity will compete in Brazil’s A-6 renewables auction

Brazilian energy agency the EPE has pre-qualified 1,829 renewable power projects with a combined capacity of 100.8 GW for the procurement exercise. The A-6 auction is expected to be the largest in terms of allocated capacity and to deliver lower bids than previous rounds.

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Solar could bring 200,000 jobs to the UK by 2030 – but only with government backing

As the solar industry digests yesterday’s announcement by Theresa May of a net zero carbon ambition by 2050, developer Solarcentury says Downing Street is hugely underestimating the role PV can play in achieving that milestone.

Enerray enters insolvency proceedings

Italian industrial group Maccaferri, the parent company of the insolvent EPC contractor, has also filed for insolvency for another three units of its energy business.

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Scratching the surface of Brazil’s huge solar potential

Rodrigo Sauaia, CEO of Brazilian solar energy association ABSOLAR, analyzes the chances of PV in this year’s two energy auctions in which it can compete. But it is not all about auctions, Sauaia tells pv magazine, there are 2 GW of solar projects under development for which bilateral PPAs may be signed, and hundreds of MW worth of such schemes that have already secured contracts.

Solar-plus-storage gets its share in Brazil’s auction for non-interconnected state of Roraima

Although only two of the nine projects selected in the auction are for hybrid biomass-solar power plants with some storage, seven will rely on renewable energy sources. The largest selected project, however, is a 123 MW gas power plant in the city of Boa Vista.

Brazil sets ceiling price of $69.7/MWh for upcoming A-4 auction

The tender is on June 28. This year’s procurement exercise may allocate less capacity than previous auctions, due to lower demand for contracting new projects.

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