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.
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.
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.
New PV system assembly factory in Brazil
The factory will be located in the state of Ceará and is expected to begin manufacturing activities in 2022.
Brazil allocates 269.3 MW of solar across two energy auctions
The A-4 and A-3 auctions saw the participation of a huge amount of solar, wind, hydroelectric, and biomass projects.
Brazil passes 9 GW of PV capacity
Brazil has installed 1 GW of new PV capacity in the past month alone. The distributed-generation solar segment and bilateral PPAs for large-scale PV plants are driving the market.
Brazil’s first hybrid wind-solar project
Votorantim Energia and the Canada Pension Plan Investment Board have decided to invest US$35 million in the 68.9 MWac project.
The Hydrogen Stream: Italy’s Snam and Australia’s AGN mark the beginning of the blending era
AGN has commenced blending renewable hydrogen into part of its natural gas distribution network in Adelaide and Snam tested a 30% hydrogen/natural gas blend in the forging processes used in industrial steelmaking. Furthermore, Brazil’s Ministry of Mines and Energy (MME) and other potential Brazilian partners participated in an evaluation mission to develop the hydrogen-focused technical cooperation project H2 Brazil with German development agency Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ).
Brazil’s solar PPA market reaches 8.4 GW
According to a recent report from Brazilian consultancy Greener, unsubsidized solar projects are proliferating in the Latin American country. The study also reveals that the utility scale PV projects that are in an early or intermediate stage of development, have a combined capacity of 98.9 GW.
Brazil reaches 5 GW of signed solar PPAs
A new CELA Clean Energy Latin America study looks at 70 power purchase agreements signed for wind and solar PV projects in Brazil.
