Canadian solar has announced the sale of an 80% in a 92.5 MW project located in Brazil. The stake is to be acquired by EDF Energies Nouvelles, representing the third deal in a row between the two energy giants.
The new rules will apply to large-scale projects as well as to residential and commercial PV.
The Chinese vertically integrated solar company signed a supply deal with Gransolar to ship its high efficiency modules to Chihuahua State. The PV plant was commissioned in April.
The Cubico Alten Aguascalientes Solar PV Project will be built in in El Llano municipality, in the state of Aguascalientes.
The exemption will relate to purchasing, manufacturing and importing of components to build renewable energy power projects.
Solar, however, was excluded from a second energy auction planned for December, which will select wind, biomass, hydro, coal and natural gas-fired combined cycle plants. The Brazilian association ABSOLAR has urged the government to include PV in this auction too.
According to provisional numbers provided by the government, large-scale solar plants have totaled 145 MW at the end of June, while PV distributed generation has reached 92 MW.
The project includes the construction of $21.8 million solar plant and several green buildings powered by renewable energies.
The solar plant will provide several municipalities of the state of Coahuila and the state government with power, under a 15-year PPA. The project is owned by a fund of Australian investment bank Macquarie.
The group’s local unit AES Tietê, which specializes in hydropower production, has bought a project selected by the Brazilian government in the second 2015 auction. The compnany is now seeking to transfer the project from Pernambuco to São Paulo.
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