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Brazil

Solar and wind together overhaul global hydro capacity

The latest set of clean energy statistics compiled by the International Renewable Energy Agency signal a changing of the guard when it comes to clean power, with legacy hydropower facilities overtaken by new intermittent renewables.

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Brazil may host $5.4bn green hydrogen plant

The facility is expected to be located in the state of Ceará and to be powered by around 3.6 GW of wind and solar facilities located in the region. The project developer is Australia-based Enegix Energy.

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Brazil’s PV module demand reached almost 5 GW in 2020

According to a recent report from Brazilian consultancy Greener, the country imported 4.76 GW last year. Domestic PV module makers had a 3.8% market share with around 190 MW in shipped modules. The analyst also revealed that prices for distributed generation PV systems rose by 20% in 2020.

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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.

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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.

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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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