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in South America and lies in Sao Goncalo do Gurgueia, north eastern of Piaui, Brazil. The construction of the 133MW section entailed an investment of

totalling 210MW and also substations for two Mercury Renew PV projects in Brazil. The 108 solar inverters were made in Brazil as well as the 32 Ingecon

owns a chain of 34 franchise business across 16 states, serving the entire Brazilian region, as well as has 50 MWa of installed capability. In 2020, it marketed

company Statkraft AS has approved the construction of two large solar parks in Brazil. Named VSE Solar Hibrido and MdC Solar Hibrido, the parks will be connected to

Brazil's Ministry of Development has announced an increase in the import tariff on photovoltaic (PV) solar modules from 9.6% to 25%. This policy decision comes as part of an effort to bolster domestic manufacturing and job creation within the solar industry, following petitions from manufacturers BYD Energy Brazil and Sengi Solar. The Executive Management Committee ruled in favor of the tariff hike to support local production.However, this move has raised concerns among experts, including Isabella Sene from the Brazilian power sector association Absolar, who warned that the tariff increase could jeopardize 281 solar projects. These projects, representing over 25 GW of capacity, could risk cancellation by 2026, equating to over BRL 97 billion (USD 16.7 billion/EUR 15.8 billion) in investments. Will Brazil's tariff increase on solar modules hinder future renewable energy projects? Impact on Investment Climate: The increase in tariffs could create uncertainty in the investment climate for renewable energy projects in Brazil. Investors may hesitate to commit funds to projects with higher costs and regulatory unpredictability. Price Increases for Consumers: Higher tariffs on solar modules may lead to increased prices for solar energy systems, ultimately passing costs on to consumers. This could slow the growth of residential and commercial solar installations, reducing access to renewable energy options. Potential for Retaliation: This tariff increase might prompt retaliation from other countries, potentially leading to trade disputes that could escalate further and impact the broader renewable energy market. Local Manufacturing vs. Global Competition: While the intent of the tariff is to support local manufacturing, it might also limit Brazil’s ability to compete globally. Increased costs could deter international solar technology companies from entering or expanding in the Brazilian market. Delayed Transition to Renewables: With several projects at risk of cancellation, Brazil may miss critical milestones in its transition to renewable energy, which could sabotage its long-term climate action goals and commitments under international agreements. Shift in Project Development: Developers may pivot towards other renewable technologies less impacted by the tariff or explore alternative markets for solar development, potentially leading to a lack of diversity in Brazil’s energy matrix. Effect on Job Creation: While the tariff aims to create jobs in local manufacturing, the potential cancellation of numerous solar projects could result in net job losses in the broader renewable sector, as development, installation, and maintenance jobs may also be affected. Market Response and Adaptation: Companies may seek new strategies to adapt to these tariffs, such as investing in local production facilities to mitigate costs. This could foster a new wave of domestic innovation and manufacturing in the long term. Long-term Policy Considerations: Policymakers may need to consider the long-term implications of such a tariff increase on the renewable energy sector. Balancing domestic production incentives with the need for affordable renewable energy solutions is crucial for sustainable growth. Possibility of Future Review: As the impact of the tariff unfolds, there might be opportunities for reevaluation and adjustment in response to market conditions and project outcomes, ensuring that the energy transition remains a priority for Brazil. Global Energy Trends: The tariff increase enters the context of shifting global energy dynamics, where many countries are investing heavily in renewables. Brazil's ability to attract investment in this competitive landscape may be hampered if costs rise due to protective tariffs.

producer Voltalia SA intends to invest 4 billion reais ($ 800 million) in Brazil over the following four years to increase renewable energy in Latin America's

Mataripe Refinery in Brazil is investing in a 161-MW solar project in Bahia in a joint venture with Perfin Infra Administracao de Recursos and Illian

energy generation in Brazil reached two new regional records in June, with solar farms in the Northeast region hitting 9,598 MW and 9,760 MW on June 28 and

Solar has launched the first site of its 37-MW solar complex in Brazil. The 18-MW Origo 1 (Uberlandia 2) plant, located in the municipality of Uberlandia in

financial investments supervisor Exus is to get a 1GW solar project complex in Brazil from Decal Renewables as well as Upside Value. Exus Brasil Investimentos will

which stands out among the leading distributors of solar power equipment in Brazil, have announced a long-term partnership in one of the most important

Seraphim Energy Group has secured a 300-MW distribution agreement with Brazil's Vertys Energy Group to supply its solar modules. The deal, which involves

has safeguarded a 522MW module order for a solar project in Brazil. The Chinese maker will provide its Tiger Neo 78 Cell modules for Phase l of the Santa

Vale is set to start construction of 766MW photovoltaic or pv project in Brazil later this year and has chosen Nextracker to supply smart solar trackers for

de Portugal SA has acquired 44.3 MWp of solar distributed generation parks in Brazil for BRL 218 million (approximately USD 37.5 million). The purchase, made from