The Chinese-Canadian company has secured $20 million in funds to support the construction of a 191 MW PV plant 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.
Installations are increasing under net metering. Last year 45 MW was added under the program.
The move is a step toward regaining regulatory compliance, in advance of a potential purchase by Brookfield.
The regional initiative is expected to boost the solar PV and thermal solar installations in the state.
The company has commenced installation of its SF Utility tracking system at the project, with which it will reach 450 MW of installed capacity in Brazil.
The combined capacity of all of the solar installations on net metering in Brazil stands at 57.6 MW.
The yieldco’s first statement regarding its 2016 financials shows plenty of cash, but Global is remaining in the red overall.
The tender is for the supply of electricity between January and May 2017, to cover the needs of a public agency.
The Rio de Janeiro 2016 Olympic Games has ended, but its message in favor of sustainable and green growth will hopefully remain for longer. However, just how much energy did Rio 2016 consume and what role did renewable power play?
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