Brazil

Discover how Brazil has experienced rapid solar growth since 2018, driving record-low prices and the launch of Aneel's first renewable energy auction with only solar projects.

TrinaTracker, a subsidiary of Trina Solar Co., opens new smart tracker manufacturing plant in Salvador, Brazil. Plant has 2.5GW annual production capacity, 10GW global capacity, and aims to double tracker sales in Brazil by 2023. Local teams formed to improve delivery and on-site service in Latin America.

Soltec Power Holdings SA and CET Brazil collaborate to deliver 6,394 SFOne trackers and 741,704 solar modules to a 412-MW photovoltaic project in Minas Gerais, Brazil. SFOne trackers minimise visual impact and maximise energy efficiency. Soltec and CET Brazil look to build a successful partnership.

Celesc announces solar farm construction in South Santa Catarina, investing BRL 22 million in three solar farms with a combined capacity of 5 MW. Medium-sized consumers will benefit from the energy generated and credited to their bills.

Norsk Solar has launched the first of six 18MW solar plants in Brazil, with the remaining five to be completed in the next month. This is the first IPP project for Norsk Solar, a 25-year PPA with Órigo Energia, and is located in the state of Minas Gerais.

CITIC Group Corp will invest BRL 2.5 billion to develop a solar project with a capacity exceeding 600 MWp in Brazil, creating 400-500 jobs and supporting the "Minha Casa, Minha Vida" housing programme.

Brazilian power energy Companhia Paranaense de Energia (BVMF: CPLE6), much better called Copel, prepares to develop 4.5 MWp of solar plants beside substations to produce energy and also counter a portion of its very own consumption.

The European Investment Bank (EIB) revealed on Friday it is giving a EUR-200-million (USD 215.2 m) lending to Sicredi, a Brazilian participating banks, to fund the application of solar systems on homes, small as well as medium-sized companies, as well as rural properties.

Exclusive equity fund Appian Capital Advisory LLP and also Brazilian renewable energy company Detronic Energia will certainly create a joint venture (JV) to construct 62.4 MWp of solar plants in Brazil's Minas Gerais state.

Brazilian natural gas and power business Eneva SA (B3: ENEV3) has begun complete procedure of the 692.4-MWac Futurta 1 solar photovoltaic or pv (PV) complicated in Bahia state.

Brazilian renewable energy firm Echoenergia Participacoes SA has actually commenced the building and construction works with the very first phase of a 351.1-MW solar photovoltaic (PV) complex in Bahia state.

Brazilian energy company Omega Energia SA (BVMF: MEGA3) has actually entered into clear-cut agreements with neighborhood firm Apolo Administracao de Recursos Ltda to create a new solar power-focused holding firm.

Industrial and medical gases strong White Martins has actually signed a joint venture collaboration with Brazilian natural gas and power company Eneva SA (B3: ENEV3) related to the 671-MW Futura 1 Solar complex in Bahia state.

Brazil took into operation 507.8 MW of wind, solar as well as hydropower generation capacity in April, power market regulatory authority Aneel revealed on Monday.

Vivo, a brand of Telefonica SA (BME: TEF), on Thursday revealed that three more distributed generation (DG) solar plants with a combined capacity of 18.4 MWp were appointed in Brazil's Parana state in April to power the firm's neighborhood procedures.