Brazil

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

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

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 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.

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

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.

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.

A new CELA Clean Energy Latin America study looks at 70 power purchase agreements signed for wind and solar PV projects in Brazil.

Oxfordshire-based Oxis Energy says it will produce the less flammable devices sought by the aviation industry using the same manufacturing processes as those used to make lithium-ion and conventional-lithium-sulfur products.

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.