Brazil's energy regulator ANEEL has finalised details of the 2nd Reserve Energy Auction to be held on 16 December this year, with the initial price for solar set at BRL320/MWh (US$94.36).
Chinese solar firm Canadian Solar and OEM giant Flextronics are working together on an US$80 million module manufacturing facility in Sao Paulo, according to the Brazilian Solar PV Association, Absolar.
Brazilian public bank Banco do Nordeste (Northeast Bank) has created a credit line to allow companies to install solar Pv and other renewable sources of energy in the mini (75kW-5MW) and micro-generation (>100KW) segment.
Brazil’s newly-appointed minister of mines and energy Fernando Coelho Filho has told members of the electricity industry that renewable energy will be one of his focus areas in the coming weeks and months.
Brazil’s solar association (Absolar) and think-tank Strategies Centre for Natural Resources and Energy (CERNE) have signed a strategic partnership agreement aimed at boosting PV deployment in the north-east regions of Brazil.
Brazil’s solar energy sector will create between 60,000 and 90,000 new job opportunities up to 2018, according to the Brazilian Association of Photovoltaic Solar Energy (Absolar).
The Brazilian state of Minas Gerais is to hold an auction for solar energy in August this year requiring a total investment of more than BRL1 billion (US$253 million), according to the state's government.
Distributed generation connections in Brazil, which are dominated by solar technology, grew 308% in 2015, according to new figures released by Brazil’s energy regulator the National Electric Energy Agency (ANEEL).
Representatives of Brazil’s Chamber of Mines and Energy Committee have approved legislation that includes new solar financing options and tax exemptions for solar cell and module imports, but the proposals must still pass through two more commissions to become law, according to a leading industry figure.