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Norwegian triad start 531MW Brazilian PV build
building of the 531MW Mendubim solar farm in the state of Rio Grande do Norte, Brazil. The companies have additionally signed a 20-year United States
Jul 8, 2022 // Plants, Large-Scale, Commercial, Scatec, Equinor, Terje Pilskog, Hydro Rein, Olivier Girardot
EDPR Reports 5% Growth in Renewables Production
generation was hindered by below-average wind resources, particularly in Brazil, and some curtailments in the U.S. and Spain. The company anticipates most new
Oct 18, 2024 // Markets & Finance News, EDPR
WEG Wins 250-MWp Solar EPC Contract in Ceara
Brazilian electrical equipment manufacturer WEG SA has secured a BRL 630 million (USD 112 million) contract with Kroma Energia to construct a 250-MWp solar power complex in Ceara. The project, titled Arapua, will involve supplying photovoltaic modules, trackers, inverters, and building a power substation along with connection infrastructure.Located in the Vale do Jaguaribe area of Jaguaruana municipality, the solar park is projected to begin commercial operations in the first quarter of 2026. It is anticipated to generate approximately 537 GWh of electricity annually, contributing significantly to Brazil's renewable energy landscape. What are the key details of WEG SA's solar project in Ceara, Brazil? - **Project Title**: The solar power complex is named "Arapua" and is set to become a significant renewable energy installation in Brazil.- **Contract Value**: WEG SA has entered into a contract worth BRL 630 million (around USD 112 million) with Kroma Energia for this ambitious project.- **Capacity**: The solar complex will have a total capacity of 250 megawatts peak (MWp), which positions it as a major contributor to the region's energy supply.- **Location**: The project will be located in the Vale do Jaguaribe region within the municipality of Jaguaruana, Ceará, which has been identified as a suitable area for solar energy generation due to its high solar irradiation.- Components to be Supplied:- Photovoltaic Modules: These will convert sunlight into electricity.- Trackers: Solar trackers will optimize the angle of the solar panels to maximize energy capture throughout the day.- Inverters: These devices will convert direct current (DC) generated by the solar panels into alternating current (AC) for grid use.- Infrastructure Development: In addition to solar equipment, the project will include the construction of a power substation and the necessary connectivity infrastructure to integrate the solar energy produced into the local grid.- Operational Timeline: Commercial operations for the Arapua project are expected to start in the first quarter of 2026.- Annual Energy Generation: The installation is projected to generate approximately 537 gigawatt-hours (GWh) of electricity annually, playing a vital role in meeting local and national energy demands.- Environmental Impact: The project aligns with Brazil’s strategic goals for expanding renewable energy sources, helping to reduce carbon emissions and reliance on fossil fuels.- Economic Impact: The construction of the solar complex is likely to create job opportunities in the area, supporting local economies during the construction and operational phases.- Investment in Renewables: The Arapua project is part of a broader trend of investment in renewable energy technologies in Brazil, positioning the country as a leader in solar energy in Latin America.- Collaboration Opportunities: The partnership between WEG SA and Kroma Energia may open doors for future collaborations in renewable energy projects, further contributing to the growth of the sector.
Sep 4, 2024 // Plants, Large-Scale, Commercial, Ceara, WEG SA
Voltalia reveals 1.5 GW Brazilian PV strategies
unveiled plans for an over 1500MW solar energy complex called Arinos in the Brazilian state of Minas Gerais. The business claimed Arinos will certainly be
Jun 27, 2022 // Plants, Large-Scale, Commercial, Voltalia, South america, Brazil
Voltalia Sells 420MW Brazilian Solar Project to Newave Energia
of wind, solar and energy storage projects, has sold a 420MW solar project in Brazil to Newave Energia, a joint venture between Gerdau and Newave FIP. The project
Oct 10, 2023 // Markets & Finance News, Voltalia, South america, Brazil, PV Power Plant
Iberdrola sees earnings soar with worldwide business offsetting Spain's results
of which 326MW of solar PV in the most recent renewable auction-- as well as Brazil assisted the business increase its profits by 35.5% year-on-year. The
Jul 29, 2022 // Markets & Finance News, USA, Spain, UK, Iberdrola, solar pv, South america, Europe, financial results, Brazil, North America, distribution network, transmission network
Canadian Solar bags financing to seek flexible Brazilian solar method
Solar has counted on Brazilian financial institutions BTG Pactual and also Itaú BBA for the facility, which will be made use of to fund up to 70% of
Jul 27, 2021 // Markets & Finance News, Canadian Solar, South america, Brazil, Shawn Qu, BTG Pactual, Itau BBA
Latin America Booms With Sungrow's 15GW Solar Surge
supplier, announced orders in the region have reached 15 GW, largely driven by Brazil at 10 GW. The Company introduced several innovations including string
Sep 4, 2023 // Markets & Finance News, Sungrow, Latin america, storage inverters
Equinor enhances stake in Scatec
entered its very first solar growth project in 2017 using the Apodi asset in Brazil, complied with by a 2nd joint project in June 2018 with the Guanizul 2A in
Mar 16, 2023 // Markets & Finance News, Scatec, Equinor
ArcelorMittal Acquires Majority Stake in Brazilian Solar Firm
has acquired a 55% stake in Brazilian solar holding BBC Solar Subholding SA, after receiving approval from Brazil's competition regulator, CADE.
Sep 19, 2024 // Markets & Finance News, arcelormittal, Brazilia, Solar Firm
Enel Green Power acquires 610MW of Soltec trackers for projects in Peru as well as Colombia
usage the SF7 trackers for its 475MW São Gonçalo project in Brazil, a facility that started operations in very early 2020. On the current offer,
Jan 19, 2022 // Markets & Finance News, South america, trackers, enel green power, Soltec, Powertis, Peru, Colombia
"Crowdfunded" Solar: Soltec Inks 5.6-MW Loan
division of Soltec, is currently operating 230MW of solar farms in Spain and Brazil and aims to reach a portfolio of 1,000MW by 2025. What Is Soltec's Plan for
Nov 13, 2023 // Plants, Markets & Finance News, Spain, Europe, Soltec, PV Power Plant
Copel's Segredo Solar Park Powers 350 Clients
Brazilian power utility Copel has put a 6.7-MWp solar park named Segredo into operation in Parana state. The plant is expected to produce 13.4 GWh per year, meeting the annual demand of 350 of the utility's clients. The facility features 9,720 PV panels and 90 trackers spread over 11 hectares and is part of Copel's new business model, Copel Solar.Under Copel Solar, the utility will install and operate the assets while customers sign contracts to acquire credits from the plant's output to deduct consumption from their electricity bill. This is part of Copel's efforts to expand its renewable energy portfolio, with another 6.7-MWp solar park also recently put into operation in Parana state. What is Copel's new business model for solar energy expansion in Brazil? Copel's new business model for solar energy expansion in Brazil is called Copel Solar. Under this model, the utility will install and operate solar assets. Customers will sign contracts to acquire credits from the plant's output to deduct consumption from their electricity bill. The recently opened 6.7-MWp solar park named Segredo in Parana state is part of this new business model. Another 6.7-MWp solar park has also been put into operation in Parana state as part of Copel's efforts to expand its renewable energy portfolio.
Jun 26, 2024 // Plants, Large-Scale, Commercial, South america, Brazil, Copel, PV Power Plant
Solar Provider Group Plans to Invest $250 mn in Brazilian Solar Market
Provider Group (SPG) has announced that it has arranged a team to enter the Brazilian solar market with the goal to complete investments totaling USD 250 million
Dec 24, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, South america, Brazil, Solar Provider Group
Brazil’s faltering manufacturing ambition
The intention was to develop an integrated PV value chain on the border of Brazil and Paraguay, but it is that same ambition that has since brought its
Aug 26, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Inverters, Canadian Solar, JA Solar, South america, JinkoSolar, Brazil, Paraguay, Green Silicon, Maycon Vendrame, José Alberto Alderete, Marcos Kurata, Adalberto Maluf, Absolar, Abinee, BYD