French renewables company Voltalia’s financial performance last year was boosted by the growth of its project development, construction and equipment procurement segment, as the company heightened its focus on developing solar PV.
After years of not living up to its solar potential, Brazil is on the cusp of a solar boom. A confluence of factors has led to rapid investment and deployment in the country, but a few hurdles still need to be overcome, writes Sean Rai-Roche.
Brazilian energy utility company Neoenergia has signed a €200 million (US$221 million) loan from the European Investment Bank (EIB) to finance 715.5MW of renewable projects in Brazil.
Latin America-focused solar developer Atlas Renewable Energy has secured a BRL406 million (US$76 million) loan from Brazil's BNB development bank for the construction of a 239MW solar PV project.
PV Tech Premium speaks with analysts, companies and banks in Brazil to explore the options available to solar companies when it comes to getting their projects financed.
Norwegian renewables company Scatec is to build a 532MW solar PV project in the Brazilian state of Rio Grande do Norte through a US$320 million investment following agreement from state authorities.
Energy major Shell and Brazilian steel company Gerdau have penned a 50-50 joint venture (JV) agreement for the development, construction and operation of a 260MWp solar PV project in the solar hotbed state of Minas Gerais.
French renewables developer and power producer Voltalia saw its annual electricity production reach a record high last year, with the company boosted by a 25% rise in installed solar capacity.
Brazil has published its long-anticipated net metering laws that has introduced a new framework for distributed generation in the country and will see any solar PV systems below 5MW eligible for net metering tariffs until 2045.
