brazil

Two solar PV developers - Soltec and Recurrent Energy - have closed financial deals for projects in Brazil this week .

Solar developers Atlas Renewable Energy and Hydro Rein have started commercial operation of a 438MW solar PV project in Brazil.

Trina Solar’s tracker manufacturing unit TrinaTracker has supplied 520MW of trackers to a solar PV plant in Brazil.

Voltalia has reported earnings before interest, taxation, depreciation and amortisation (EBITDA) of €241.1 million (US$259 million) in 2023.

Equinor, Scatec and Hydro Rein have started commercial operations at their 531MW Mendubim solar project in Brazil.

Engie Brasil Energia has finalised its acquisition of a 545MWac Brazilian solar PV portfolio from Miami-headquartered renewables developer Atlas Renewable Energy.

Brazil has imported 17.5GW of solar modules in 2023, slightly down from the previous year, according to Brazilian PV research and consultancy firm Greener.

French renewables company Voltalia has seen a significant increase in its installed capacity, reaching a total of 2.37GW in 2023, up from 1.57GW in 2022.

US tracker manufacturer GameChange Solar has opened a 2.5GW solar tracker facility in the eastern region of Bahia, Brazil.

Infrastructure investment manager I Squared Capital has agreed to invest up to US$400 million in Brazilian distributed generation company Órigo Energia.