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Brazilian renewable energy company Cocal has launched its second solar photovoltaic (PV) park in western Sao Paulo, investing BRL 25 million (USD 4.4m/EUR 3.9m). The new facility, developed with Lemon Energia in Presidente Bernardes, will generate 13,000 MWh of clean electricity annually under Brazil’s distributed generation model, benefiting both Cocal and the local community.Cocal's employees and local residents are expected to save up to 15% on electricity bills monthly. The company inaugurated its first solar farm in Pirapozinho in October 2023, producing 3,000 MWh annually, and is exploring further solar projects in Sao Paulo. How will Cocal's new solar park impact electricity costs for local residents? The new solar park will increase the supply of clean energy, potentially reducing reliance on more expensive, non-renewable energy sources. By generating 13,000 MWh annually, the park will contribute to stabilizing electricity prices in the region. Local residents may experience up to a 15% reduction in their monthly electricity bills due to the lower cost of solar energy. The distributed generation model allows residents to benefit directly from the energy produced, leading to cost savings. Increased local energy production can reduce transmission losses, further lowering costs. The project may encourage competition among energy providers, potentially driving down prices. The success of this solar park could lead to more renewable projects, further decreasing electricity costs over time.

percentage of its items abroad as well as has subsidiaries in Israel, India, Brazil, Mexico, Chile, South Africa and also the U.S. The firm claimed it had

been brought into mass production with two new orders worth 200 MW coming from Brazil, the company said. Ingeteam says the string inverter, which features

Solar is to provide modules to the Futura 1 photovoltaic or pv project in Brazil, the first stage of which will certainly have capability of 850MW. Futura 1

chain networks, expanding its client based right into key markets such as Brazil as well as Europe, access to brand-new markets in the center East and also

service, while paying better focus to specific markets such as South Africa, Brazil, the Philippines, Hydro-Africa, Egypt, India, as well as Poland. Most of the

with engagement from investment funds Norfund of Norway and Janeiro Energy of Brazil. Equip expects the fresh capital to allow it to provide some 240 GWh of clean

November, envisages the sale of assets in Romania, Peru, Argentina as well as Brazil. According to regional media reports, Canada's Brookfield Asset Management as

do Norte do Brasil SA (Alunorte). The remaining volume will be sold in the Brazilian free

The Brazilian state of Ceara introduced on Friday that throughout a visit to China, governor Elmano de Freitas has signed a few manage local firms for solar, on- and -offshore wind as well as green and also blue hydrogen projects and campaigns.

Spanish electric utility Iberdrola SA (BME: IBE) announced today that its Brazilian unit Neoenergia SA (BVMF: NEOE3) will install a 630-kW floating solar array in the northeastern state of Pernambuco.

TotalEnergies will certainly acquire a 34% stake in the Brazilian company's power generation segment, hence producing a BRL-12.6-billion (USD 2.4

entered an agreement to supply 24 MW of solar power to Chlorum Solutions, a Brazilian chemical manufacturer. This partnership underscores Atlas Renewable's focus

the 415-MW Sol do Sertao Solar Complex in Oliveira de Brejinhos, Bahia state. Brazil's Essentia Energia is the project developer. The solar (PV) park is set up to

Brazilian energy firm Neoenergia SA (BVMF: NEOE3) has begun the building and construction benefits the 149.3-MWp Luzia solar project, consisting of two parks in the state of Paraiba.