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to build a 140-MWp solar park next to its existing 223-MW wind complex in Brazil's Bahia state. The project, named the SdB Solar Complex, will be developed by

an ongoing higher development trajectory in markets like the United States, Brazil, Chile, Argentina, and also Mexico, "Sungrow has extended collaborations" with

and power producer GreenYellow. The PV parks are located across 4 states in Brazil as well as sell their output to "high-quality counterparties." The bargain

Brasil Energia SA has completed the acquisition of five solar power plants in Brazil with a total capacity of 545 MW from Atlas Renewable Energy. The deal was

and built during the year. Main markets in 2018 had been Mexico, Egypt, Brazil, Chile and France. In 2019, the company said that its main markets

Brazil’s largest fuel and lubricant distributor, Vibra, has successfully acquired Comerc Energia, a local energy firm, significantly expanding its renewable energy portfolio. This acquisition enables Vibra to add 2.1 gigawatts (GW) of solar and wind capacity, aligning with global trends toward sustainable energy sources.The move is part of Vibra's strategy to diversify its operations and transition into the renewable energy sector. Increasing investments in clean energy are vital for companies aiming to meet environmental goals and respond to growing demand for sustainable energy solutions in Brazil and beyond. How does Vibra's acquisition of Comerc Energia impact Brazil's renewable energy landscape? Enhancement of Renewable Capacity: With the acquisition of Comerc Energia, Vibra substantially increases its renewable energy capacity by 2.1 GW. This positions Vibra as a significant player in Brazil's renewable energy market, particularly in solar and wind energy, which are critical for the country's energy transition. Alignment with Brazil’s Energy Goals: Brazil has set ambitious goals for reducing greenhouse gas emissions and increasing the share of renewables in its energy mix. Vibra’s expansion into renewable energy supports these national objectives and reinforces the country’s commitment to sustainable development. Market Influence and Competition: The acquisition allows Vibra to enhance its market presence and competitiveness against other major players in the Brazilian energy sector. By diversifying its portfolio, the company may stimulate competition, potentially leading to better pricing and more innovative solutions for consumers. Investment Opportunities: With a stronger foothold in the renewable sector, Vibra may attract further investments aimed at scaling and developing new energy projects. This can lead to increased job creation and economic growth in the regions where these projects are implemented. Impact on Energy Transition: Vibra’s entry into the renewable energy market could accelerate the transition from fossil fuels to renewable sources in Brazil. It might encourage other traditional energy companies to pivot toward renewables, fostering a broader shift within the industry. Local Sustainability Initiatives: The acquisition of Comerc Energia enables Vibra to engage in local sustainability initiatives, potentially collaborating with communities to promote clean energy projects, providing access to renewable solutions for residential and commercial consumers. Innovation in Energy Solutions: As Vibra integrates Comerc Energia's capabilities, there is potential for technological advancements and innovative solutions in energy management and distribution, which can support efficiency and sustainability in Brazil's energy landscape. Support for Government Policies: Vibra’s expansion aligns with government incentives and policies promoting renewable energy. This could lead to further synergies between private companies and public policies aimed at enhancing Brazil's renewable infrastructure. Strengthening Energy Security: By increasing its renewable energy output, Vibra contributes to Brazil’s energy security. A diversified energy mix can reduce dependence on traditional fossil fuels and mitigate risks associated with price volatility in global energy markets. Encouraging Renewable Energy Investments: Vibra’s move can act as a catalyst for other companies in Brazil, encouraging increased investments in renewable energy sectors from both domestic and international investors due to the demonstration of potential profitability and growth in the area.

partners and corporate off-takers to work with its newly-established Brazilian team. SPG joins a number of international developers capitalising on

Brasil Energia SA has received approval from Brazil's national power regulator, Aneel, to commence operations at the first plant of its 752.7-MW Assu Sol

in Latin America. It claims to have 800MW of solar in Uruguay, Chile, Brazil and Mexico and a contracted pipeline of 1400MW. In June, Atlas

Brazil is to "forever hold off" a host of solar-friendly public auctions consisting of a renewables-only workout (A-4) as well as a tender additionally open up to non-renewable resources (A-6), the nation's Energy Ministry introduced in a choice launched Monday. The step brings a problem for the virtually 800 solar projects tabling bids for the A-4 public auction, arranged on 28 May 2020 prior to the COVID-19 pandemic hit. As it arised in January, a monstrous 28.66 GW of PV plans had actually stepped forward (see table listed below) for A-4 agreements, over fifty percent of the complete 51GW. The eco-friendly power prospective buyers in limbo as A-4 public auction is postponed Renewable energy source A-4 bids (in number of projects) A-4 bids (in project capacity) Solar 794 projects 28.66GW Wind 659 projects 20GW Biomass 21 projects 1.14GW Small hydro 39 projects 591MW Resource: Figures for A-4 bidding process quantities from power regulatory authority EPE For Brazil's A-4 sustainable public auction collection, the pandemic-driven hold-ups of 2020 mark a bleaker turn of occasions after a positive 2019. The typical PV tolls of BRL67.48/ MWh (around US$ 17.5/ MWh) finally year's workout were seen, at the time, as an international turning point. At the time, onlookers explained the BRL67.48/ MWh solar number as the least expensive toll ever before racked up by any type of power innovation worldwide's background. Brazil's task was nonetheless shortlived, as Portugal's solar-only public auction provided an also reduced EUR14.76/ MWh (US$ 16.44) one month later on. COVID-19 feedback row after 2019 of PV-friendly plans Brazil's public auction termination-- a choice authorized by Energy preacher Bento Albuquerque, that checked favorable for COVID-19 on 18 March-- includes this year's A-6 tender, developed to have sustainable and also non-renewable resources complete for the very same great deal of federal government agreements. In 2015 had actually been the very first where solar was enabled to participate, an addition implemented by the federal government of head of state Jair Bolsonaro. PV gamers reacted by tabling 29.7 GW of proposals, taking place to rack up less expensive tolls than any other power resource when the A-6 results arised last October. Brazil's three-year strategy-- prepared before the COVID-19 episode-- was to hold an A-4 public auction in the very first fifty percent of 2019, 2020 as well as 2021, adhering to with an A-6 workout in the 2nd fifty percent. Exactly how the schedule will certainly be redrafted after the "uncertain" hold-up introduced today continues to be uncertain. When it took pleasure in the unreserved assistance of its federal government, the start of the COVID-19 situation discovers Brazilian solar after a year. The A-6 incorporation apart, Bolsonaro's management acted to employ PV for a significant water transfer system and also resisted regulatory authority Aneel to obstruct a solar tax obligation. The head of state himself, currently a disputed number prior to the worldwide pandemic, has actually come under extreme objection over his handling of the health and wellness emergency situation. His insurance claim that "Brazilians never ever capture anything" recently, as infection situations neared the 5,000 mark nationwide, included in the conflict.

has a gross project portfolio of 8.4 GW in development across the Nordics and Brazil, with assets in Brazil, Denmark, and Sweden included in the JV. The

expects the acquisition to strengthen its market operations in Spain and Brazil. What Price Did Statkraft Pay for Elecnor's Enerfin? Statkraft paid EUR

an arrangement with Mori Energia for the supply of solar PV trackers for a Brazilian solar energy project worth 168 MW, SkyLine Project. The company states that

growth business Valmont Industries Inc has actually acquired a bulk stake in Brazilian solar programmer Solbras. The monetary terms of the deal were not exposed.

dispersed solar expand in several nations in the area, led by Mexico, Brazil and also Chile, with distributed solar broadening most swiftly in