Enel switches on 103 MW solar plant in the Brazilian state of Bahia
The $110 million project is expected to generate 220 GWh per year.
ABB to build Latin America’s first digital substation alongside new 156 MW solar farm, publishes 2017 financials
The Swiss-headquartered power electronics firm will install a 230 kV digitally enable substation and connection bay at Brazil’s Juazeiro II substation, which will eventually deliver power from a 156 MW solar plant. 2017 full year financials reveal transitional year for firm.
Brazil’s government to review project for Brazilian-Paraguayan vertically integrated PV production
The feasibility study for the 1.7 GW Green Silicon project was conducted by Germany’s Fraunhofer IPA, Fraunhofer ISE, Viridis-iq and ZSW in 2015. The project is being developed by the local hydropower producer, Itaipú in partnership with the industry trade association of the Brazilian state of Paraná, and with the support of German industry association, Solar Cluster Baden-Württemberg.
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 awards 574 MW (AC) of solar in A-4 power auction
Solar was the prevailing source with an 85% share in all of the assigned capacity. Final average price for solar was 145.78 BRL ($43.88) /MWh.
Brazil: Distributed solar generation reaches 150 MW
Overall, Brazil’s total distributed renewable energy generation has topped 200 MW.
Another Brazilian state introduces ICMS exemption for solar
This time, the state of Espíritu Santo has agreed to adopt the fiscal incentive for net-metered solar PV systems up to 1 MW. The measure has been suggested by the Brazilian central government to all the country’s states since September 2015.
Soltec provides trackers for Scatec’s 162 MW solar project in Brazil
Around 5,300 trackers will be installed at a plant that Scatec Solar has developed in the Brazilian state of Ceará. With this project, Soltec has supplied a total of 909 MW worth of trackers in the country, and 1.7 GW in Latin America.
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.
Brazil could contract 1 GW of PV in upcoming power auction
According to a report on Brazil’s auctions for large-scale solar and renewable energy projects, published by local consultancy company Greener, around 880 MW of PV projects selected in auctions are expected to become operational by the end of this year, while another 1.29 GW have good chances of being completed in 2018.
