Brazil imported 4.88 GW of PV modules in H1
According to a new report from Brazilian consultancy Greener, the Latin American country installed 1,450 MW of distributed generation PV systems and just 63 MW of large-scale PV plants in the first half of 2021. Despite the disappointing large-scale performance, the strength of the distributed segment should ensure another record year for the Brazilian solar sector.
Energy storage with recycled batteries from Brazil
Energy Source, a Brazilian battery specialist, is currently providing energy storage services with reused and recycled batteries. Battery recycling and related metals recovery are conducted separately, without the burning of materials.
Canadian asset management co. agrees to acquire Brazil’s largest PV product distributor
The transaction should be finalized by the end of the month, with the deal amounting to a $320 million equity investment.
The trillions spent by G20 nations on fossil fuels between 2015 and 2019 could have paid for more than 4 TW of solar at today’s prices
Polluting energy sources received more than $3 trillion from the EU and 19 of the world’s largest national economies over that four-year period, despite G20 members having pledged to phase-out fossil fuel subsidy and address climate change back in 2009.
Canadian Solar raises $100m to fund projects in Brazil
Canadian Solar has banked the cash for its growing portfolio of solar projects in a nation which had module demand of 5 GW last year.
The Hydrogen Stream: Air Liquide eyes South Korea as Cummins announces fuel-cell truck plans
With Australia prepping plans for vast green hydrogen and ammonia production facilities, two of the country’s state governments are trying to drum up the end-user market as agreements are signed to drive use of the gas in Ukraine and Poland.
Brazil’s recent energy auctions
Solar developers only had limited success in Brazil’s latest energy auctions, with relatively higher prices for PV. Several analysts spoke to pv magazine about the results of the procurement exercises.
‘Polysilicon shortage will continue through 2021’
The latest global PV industry outlook published by trade group SolarPower Europe, has indicated tight supply of the solar panel raw material is expected to persist this year but the trade body said it would be unlikely to drive further price rises.
Huge Vietnamese solar park could hit 2.8 GW within a year
An energy transition investment report published this week has also revealed the former world record low price for solar power announced by the Al Dhafra project in Abu Dhabi last year, has fallen even lower since.
Ecuador announces 350 MW renewables auction
Ecuador’s latest procurement exercise will be open to solar, wind, hydropower and biomass projects.
