The combined capacity of these installations has reached approximately 78 MW. The state with the highest number of PV systems under net metering is Minas Gerais.
The Chinese module manufacturer intends to invest 112 million BRL ($35.2 million) in the manufacturing facility.
Brazil’s third biggest electric utility company has set up Envo, a new unit offering residential and commercial PV solutions under net metering. The offer includes a financing option with Banco Santander.
The assessment was conducted by Brazil’s energy agency Empresa de Pesquisa Energética (EPE). These projects are expected to be particularly suitable to regions with a low degree of grid integration.
The government of the Brazilian state of Goiás has implemented a measure suggested by Brazil’s central government.
In March, PV systems totaling 2.8 MW were installed in the Latin American country under the net-metering scheme.
The Brazilian engineering company will act as EPC contractor for the construction of two solar parks in the state of Paraiba. The two projects were selected in the country’s first two solar auctions.
The Brazilian Government has approved a decree to introduce an auction system to cancel power contracts awarded in the reserve energy auctions (leilão de reserva). Through these auctions, held between 2014 and 2015, several large-scale PV projects were commissioned.
Projects selected in an upcoming auction will have access to a financing scheme of the Climate Fund (Fundo Clima) managed by BNDES
The Chinese-Canadian company has secured $20 million in funds to support the construction of a 191 MW PV plant in Brazil.
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