The French firm sees huge potential for more floating PV in Brazil, which boasts substantial hydroelectric infrastructure and generates 64% of its electricity from hydro power.
US$320 million project is unveiled as Brazil prepares for energy auction on October 18, set to jettison the Latin American state's PV capacity to new heights.
PV bids for 20-year supply deals at A-6 auction of 18 October will start at BRL209/MWh, opening up new avenue of government support for blossoming Brazilian PV scene.
Top markets Brazil and Mexico hold risks but also rewards if firms can look beyond headlines of political volatility, say local developers, lawyers and lobbyists approached for an upcoming PV Tech Power feature.
Powering-up of 156MWp plant in Bahia adds further momentum to PV ecosystem in Brazil's northeast, the target of an upcoming government-sponsored auction programme.
