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Brazil has 70 MW of installed solar power under net metering

In March, PV systems totaling 2.8 MW were installed in the Latin American country under the net-metering scheme.

WEG to build two PV plants totaling 62 MW in eastern Brazil

The Brazilian engineering company will act as EPC contractor for the construction of two solar parks in the state of Paraiba. The two projects were selected in the country’s first two solar auctions.

Brazil introduces auction to cancel projects selected in reserve energy auctions

The Brazilian Government has approved a decree to introduce an auction system to cancel power contracts awarded in the reserve energy auctions (leilão de reserva). Through these auctions, held between 2014 and 2015, several large-scale PV projects were commissioned.

Brasil’s BNDES finances renewable energy projects for isolated systems in Amazonas

Projects selected in an upcoming auction will have access to a financing scheme of the Climate Fund (Fundo Clima) managed by BNDES

BREAKING: Brookfield to take over TerraForm Power, Global

Brookfield has agreed to acquire a 51% stake in yieldco TerraForm Power and plans to become the company’s sponsor, as well as acquiring TerraForm Global outright.

Canadian Solar gets $20 million financing for PV project in Brazil

The Chinese-Canadian company has secured $20 million in funds to support the construction of a 191 MW PV plant in Brazil.

Chint signs framework agreement to build solar factory in Brazil

The Chinese module maker has signed an agreement to set up a solar module manufacturing facility in Brazil. The local government hopes the new factory will attract more investments.


Brazil surpasses 60 MW of solar under net metering

Installations are increasing under net metering. Last year 45 MW was added under the program.


TerraForm Global releases overdue Q2 2016 results

The move is a step toward regaining regulatory compliance, in advance of a potential purchase by Brookfield.

Brazil: Tocantins introduces Pro-Solar program

The regional initiative is expected to boost the solar PV and thermal solar installations in the state.

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