Brazilian conglomerate Grupo Rio Alto is planning to deploy another 210 MW of solar plants in the state of Paraiba, while Korean company KSB is discussing a $1.5 billion solar project with the authorities of Campo Grande, in the state of Mato Grosso do Sul.
At the end of June 2018, according to official statistics, large-scale solar capacity reached 1,307 MW, while the share of distributed PV generation (up to 5 MW), was 296 MW. Of the total capacity, 1.36 GW was connected to the grid in the last 12 months.
As the global EV market grows, manufacturers are seeking new revenue streams for used EV batteries. Applications in grid and residential storage systems have become popular. The market for second-life EV batteries is expected to reach $4.2 billion by 2025.
The thin-film specialist has met representatives of the municipality of Uberaba, in the west of the state of Minas Gerais, to discuss project details. Planned investment may reach $1 billion as the Chinese manufacturer, like its peers, targets overseas markets.
Canadian Solar and EDF will maintain a stake of 30% and 20%, respectively, in the solar plant. The value of the transaction is estimated at BRL 1.1 billion (US$283.6 million).
Although the volume has not been disclosed, selected projects in this new auction will have to start delivering power by January 2022. In the first auction of this kind, held in June, the Brazilian power provider contracted 431.4 MW of wind and solar power.
According to a new report published by consultancy Greener, the price of DG systems keeps falling in Brazil and total installed capacity has surpassed 308 MW. In the first half of the year, newly installed capacity was around 126 MW – more than the country installed in all of last year.
The blockchain technology, which was developed by Austrian company, Riddle&Code, is intended to help the Portuguese power provider measure the electricity consumption of each user who owns and operates a solar array installed under net metering.
The Brazilian oil giant has signed a memorandum of understanding with its French strategic ally, Total and its subsidiary, Total Eren to invest in solar and on-shore wind projects in Brazil.
Through the operation, the Brazilian unit of the French energy giant strengthens its position in the local distributed generation segment.
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