The manufacturing facility will have an initial capacity of 100 MW and will produce both mono and polycrystalline modules.
Including these new plants, the company owns now around 100 MW of PV assets in Italy.
The German manufacturer will focus on the production of PERC solar cells and bifacial glass-glass modules in the future.
If built, the solar facility would be the country’s first large-scale PV power plant and would contribute to 13% of its maximum system demand.
The Brazilian government said it is planning to issue a decree to include the installation of rooftop PV arrays in all new buildings erected under the program by the end of 2017.
The Japanese CIS module maker said it is now focusing on the domestic market, as its overseas business is facing tough competition.
The tender, which was launched in December 2016, was open to solar-plus-storage projects and PV projects for self-consumption.
The funds will be used by the public bank Bancoldex to support unspeficied projects that help mitigate climate change impacts.
In the first half of this year, the company also saw its operating loss widen. Phoenix Solar, however, has released an optimistic guidance for full fiscal 2017.
The U.S. supplier of automation systems for the PV industry said its performance in the quarter was its best results since its solar business unit peaked in the third and fourth fiscal quarters of 2011.
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