Canadian Solar awarded 112 MW project in Brazil
Leading module manufacturer, Canadian Solar has been awarded a 112 MW project in Brazil, after the country allocated around 574 MW of PV in its recent A-4 power auction.
Tremendous demand: An interview with First Solar CEO Mark Widmar
In this interview Mark Widmar talks about the market for PV modules and his company’s supply situation, First Solar’s position in the Section 201 case, and the role he sees for solar in the future of energy.
Brazil awards 574 MW (AC) of solar in A-4 power auction
Solar was the prevailing source with an 85% share in all of the assigned capacity. Final average price for solar was 145.78 BRL ($43.88) /MWh.
Brazil: 162 MW PV project to come online in Q4 2018
Prodiel will begin construction on the 162 MW PV plant, developed by Norway’s Scatec Solar and Statoil, “imminently”. The US$215 million project is expected to be operational in Q4 2018.
Brazil: Distributed solar generation reaches 150 MW
Overall, Brazil’s total distributed renewable energy generation has topped 200 MW.
Another Brazilian state introduces ICMS exemption for solar
This time, the state of Espíritu Santo has agreed to adopt the fiscal incentive for net-metered solar PV systems up to 1 MW. The measure has been suggested by the Brazilian central government to all the country’s states since September 2015.
Brazil launches $154 million fund for residential PV in the Amazon basin
The funds will be used to provide financing for residential PV projects across all of the nine states that form the so-called Amazônia Legal.
Brazil to hold another auction including solar in April
The new A-4 auction will be open to thermoelectric, wind, solar and hydro large-scale power projects, which must be operational from 2022.
Soltec provides trackers for Scatec’s 162 MW solar project in Brazil
Around 5,300 trackers will be installed at a plant that Scatec Solar has developed in the Brazilian state of Ceará. With this project, Soltec has supplied a total of 909 MW worth of trackers in the country, and 1.7 GW in Latin America.
Brazil’s BNDES offers new financing conditions for projects in upcoming auction
The Brazilian Development Bank (BNDES) has changed its loan committments, and will now cover 80% of the financing of all competing technologies, compared to the previous auctions, where this percentage was granted solely to solar. As in the previous auctions, financing will only be allocated to projects using locally-manufactured equipment.
