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.
World Bank allocates $50m credit for commercial solar panels in Brazil
The finance is being made available through Santander Brasil as part of an $8 billion global response to Covid-19.
Major economies should divert fossil fuel Covid-recovery cash to clean energy before it’s too late
A report by Finnish company Wärtsilä has estimated the potential impact if every dollar committed to a non-renewables energy sector recovery was instead funneled to clean power.
Tender launched for utility-scale floating PV in Brazil
The state of São Paulo’s energy supplier is seeking proposals for four floating solar projects, ranging in size from 1 MW to 30 MW.
Solar under net metering reaches 3.6 GW in Brazil
According to Brazilian solar association ABSolar, there are currently more than 300,000 distributed generation PV systems connected to the country’s grid.
Over-irradiance events affect utility scale PV components
Researchers are seeking to understand the extent to which sudden spikes in irradiance can affect solar power plants. The preliminary findings indicate large scale PV projects are not immune to such events, especially when the spikes last longer than a minute.
Chinese PV Industry Brief: More ingot and module capacity, China’s largest rooftop project and a possible new listing
A new week has brought another slew of big production capacity announcements as online retailer JD.com prepares to install 200 MW of solar rooftop capacity and project developer SFSY reported on a promising new business stream.
Floating PV to offset underperforming hydropower
Brazil now has 12 GW of underperforming hydropower capacity, according to U.S. researchers. Large-scale floating PV is an ideal solution to offset this shortfall, due to its high capacity factor, load correlation, and high potential output during periods of high demand.
Brazil imported 2.5 GW of PV panels in first half of 2020
According to a recent report from Brazilian consultancy Greener, the country imported 1.61 GW of panels in the first quarter and 877 MW in the second. Domestic PV module makers had a 4.4% market share with around 100 MW in shipped modules in the first half of the year. The analysts claim these figures show the Brazilian PV market has not been affected by the Covid-19 crisis.
Brazil eliminates import duties for cells, modules, inverters and trackers
The Brazilian government has u-turned over solar equipment import duty by introducing a measure to remove the 12% levy for 101 types of module plus some inverters and trackers. President Jair Bolsonaro had vetoed a similar proposal by the Senate and House of Representatives in November, stating it would be too costly.
