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EnerVenue Powers Brazil: 525 MWh Deal
in metal-hydrogen batteries, has announced a master supply agreement with Brazil's VedantaESS. EnerVenue will provide 525 MWh of its Energy Storage Vessels to
Oct 18, 2023 // Storage, EnerVenue, VedantaESS
Brazil Inaugurates 662-MW Solar Complex
Brazil's Vice President Geraldo Alckmin cut the ribbon at the inauguration of the Helio Valgas solar complex in Minas Gerais state. The 662-MWp solar photovoltaic (PV) plant covers an area of 1,497 hectares and is powered by 1.2 million panels. The project is estimated to have cost BRL 2 billion (USD 408.2m/EUR 381.8m) and has already generated 119 GWh of energy since August. Once fully operational, it will be able to meet the demand of 800,000 homes. It is part of the REIDI programme which grants tax incentives to renewable energy projects and the Padis scheme allowing for exemption from import, IPI and PIS-Cofins taxes. What Tax Incentives Does the REIDI Programme Offer for the Helio Valgas Solar Complex? Reduction of the federal government's ICMS tax by up to 75%, depending on the project's size Tax exemption on the import of goods and services, including the installation of plants Tax exemption on the purchase of inputs used in the production of energy Tax exemption on the sale of electricity produced by the plants Tax exemption on the purchase of electrical energy for the operation of the plants Tax exemption on the purchase of necessary equipment for the operation of the plants Reduction of IPI tax on the purchase of inputs used in the production of energy, for up to five years Reduction of PIS-Cofins tax on the purchase of inputs used in the production of energy, for up to five years
Nov 10, 2023 // Plants, Large-Scale, Commercial, South america, Brazil, PV Power Plant
High power prices, falling PV costs and new regulations behind Brazil’s solar carnival
Brazil is experiencing a solar boom was very much evident at Intersolar South America, held in Sao Paulo last week as part of the smarter E South America
Sep 8, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Inverters, Solar, USA, Sungrow, Canadian Solar, China, South america, Latin america, Europe, Brazil, Asia, Fronius, Greener, North America, Intersolar South America, Solar Promotion, Florian Wessendorf, utility scale solar, Marcelo Sousa, Ada Li, Thais Zampieri Bitancourt, Julian Rau, Trina, Álvaro García Maltrás, Apollo Chai, Rodolfo Meyer, Portal Solar, Marcio Takata, Lucas Troia
Actis takes risk in Latin American renewables generator Omega Energia
a 1.9GW-strong pipeline of solar, wind and also hydropower creating assets in Brazil. Among Omega Energia's assets is the Pirapora Solar Complex in Minas Gerais,
Jul 7, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, UTILITY-SCALE SOLAR, Solar Energy, South america, Latin america, Brazil, Actis, m&a, equity capital, omega energia
Voltalia revenue up 71% as development, building unit drives growth
support of EUR170 million as some disposals of projects under development in Brazil will not be acknowledged in the accounts up until 2022. Without this hold-up,
Mar 25, 2022 // Markets & Finance News, ENERGY STORAGE, IPP, Voltalia, South america, financial results, Brazil, developer, company results
Scatec increased by brand-new hydropower possessions and also conclusion of solar parks
Scatec. This year will see Scatec begin on solar projects in markets such as Brazil, Tunisia, Pakistan and South Africa. The business's under-construction PV
May 4, 2021 // Plants, Large-Scale, Markets & Finance News, Raymond Carlsen, Scatec, IPP
10 Asian solar markets have 1GW+ pipes as continent dominates project advancement: Fitch
ten-year extension of the investment tax credit history for solar projects. Brazil and Chile, at 34.5 GW and 17.3 GW respectively, are the solar advancement
Jun 14, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Market Research, Fitch, South america, Brazil, Asia, Mexico, North America
Voltalia deepens loss in 2022
over the past 2 years, combined with the deconsolidation of wind farms in Brazil. As a result of hedging plans and also increased project financial debt,
Mar 23, 2023 // Markets & Finance News, Voltalia
Ciel & Terre Makes Waves with 11 MW Floating Solar Project in France
in other international projects using this technology in countries such as Brazil, India, and the Netherlands. In India, several public sector undertakings and
Jan 18, 2024 // Plants, Floating PV, France, Europe, Ciel & Terre, PV Power Plant
Sudene Advances Funding for 119-MW Ceará Solar Build
Brazil’s regional development agency, Sudene, has approved a third funding tranche for Qair’s 119.2-MWp Bom Jardim solar complex in Ceará. The capital, provided through the Northeast Development Fund (FDNE), marks a significant milestone in the project's staged financing. This authorization confirms the development remains on schedule, as fund releases are strictly tied to the successful completion of permits, procurement, and site execution.The Bom Jardim complex is a cornerstone of Ceará’s strategy to establish itself as a global clean-energy hub. By increasing utility-scale solar capacity, the state aims to provide the stable, low-cost electricity necessary to support ambitious green hydrogen and export-oriented manufacturing projects at the Port of Pecém. This infrastructure buildout reinforces Ceará’s industrial credibility and commitment to a renewable-led economic transition. How will Sudene's funding and Ceará's industrial strategy accelerate the Bom Jardim solar project? Capitalizes on FDNE financing to bridge the "utility-scale gap," providing the necessary liquidity to maintain a 2.13 billion BRL investment cycle and hit the 2027 full-scale operation target Secures the 8-kilometer transmission link to the 230-kV Icó Substation, a critical grid-integration milestone that allows Qair to transition from testing individual plants to delivering commercial-grade load to the regional energy matrix Leverages REIDI tax incentives to lower the project’s levelized cost of energy, making the resulting power more competitive for the high-intensity electrolyzers planned for the Pecém Green Hydrogen Hub Supports Ceará’s "Plano Verde" by scaling dispatchable daytime capacity, which is essential for creating the energy-supply stability required to attract global industrial partners to the Port of Pecém’s Export Processing Zone Stimulates a specialized local supply chain in the municipality of Icó, with the buildout expected to generate approximately 20,000 direct and indirect jobs during the construction and early operational phases Reinforces the state’s 643-GW solar potential narrative, using Bom Jardim as a bankable proof-of-concept for the international investors and World Bank-backed initiatives currently targeting Brazil’s Northeast for large-scale energy transformation
Mar 25, 2026 // Plants, Large-Scale, Commercial, South america, Brazil, financing, Qair, Ceará, Sudene
STI Norland to establish brand-new subsidiary in Australia
the STI-H250. STI Norland has manufacturing facilities in Spain as well as
Nov 19, 2020 // Manufacturing News, Markets & Finance News, Spain, Australia, Europe, Oceania, pv trackers, STi Norland S.L.
Equinor buys into Brazilian solar DG, battery storage co Micropower
create power storage for huge wind and also solar power generation projects in Brazil. The regional Administrative Council for Economic Defense (CADE) has actually
Apr 9, 2020 // Storage, South america, Brazil, Equinor, Micropower Comerc Energia SA
SPAC files SEC create in connection with Atlas Power merger
to fund the building of its 359MWp Lar do Sol-- Casablanca PV project in
Aug 14, 2021 // Markets & Finance News, USA, mergers and acquisitions, Atlas Renewable Energy, North America, SPAC, sec
Latin American developer clinches 187MW PV cash money
Bank to finance building and construction of the 187MW Jacaranda solar farm in Brazil. Atlas claimed the bargain marks the very first time that a Brazilian
Oct 26, 2020 // Markets & Finance News, South america, Latin america, Brazil, Atlas Renewable Energy, solar farm, Gian Franco Carassale
Akuo enlists crowdfunding partner for 17MWp floating project in France
platforms are manufactured at factories in Europe, China, India, the US, Brazil and other countries and regions. The structures – supposedly
Oct 3, 2019 // Plants, Large-Scale, Commercial, Floating PV, France, floating PV, Europe, akuo, Allianz Crowdlending