Stock markets pumped $1.3bn into solar in the last quarter
Fundraising activity for solar leaped in the July-to-September period to provide healthy quarterly and year-so-far comparisons on 2018.
Atlas switches on 67.1 MW solar plant in eastern Brazil
The São Pedro solar complex is in Bom Jesus da Lapa, Bahia state. The plant, awarded a 20-year PPA in Brazil’s 2015 renewable energy auction, was installed with Jinko and Canadian Solar modules. The latter makes modules in São Paulo.
Brazil earmarks $0.5 billion for solar, wind
The new funds will come from Brazilian development bank, BNDES and will help small businesses, individuals and communities to implement commercial solar PV and wind power projects. Financing will be granted to projects using equipment that complies with local content requirements.
Brazil’s BNDES reduces interest rate for loans for large-scale solar from 1.7% to 0.9%
After improving financing conditions for solar and renewable energy projects in upcoming auctions in November, the Brazilian Development Bank has now agreed to considerably reduce the interest rate for loans devoted to projects in the areas of public safety, innovation, environment, solar energy, sanitation, solid waste treatment and professional qualification.
Brazil: BNDES and KFW launch $142.7 million credit facility for solar, renewables
The development banks of Brazil and Germany will jointly support, among other things, solar, wind, mini-hydro and biomass power projetcs.
Brazil’s BNDES offers new financing conditions for projects in upcoming auction
The Brazilian Development Bank (BNDES) has changed its loan committments, and will now cover 80% of the financing of all competing technologies, compared to the previous auctions, where this percentage was granted solely to solar. As in the previous auctions, financing will only be allocated to projects using locally-manufactured equipment.
Brasil’s Senate approves resolution to give $750 million to renewable energies
The funds will be used for the country’s renewable energy program and will be provided by the Brazilian Development Bank (BNDES) and the Inter-American Development Bank (IDB).
Brazil’s BNDES raises $1 billion through issue of green bonds
The funds will be devoted to large-scale wind and solar projects across Brazil.
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
