Canadian Solar has signed off on an agreement for the sale of its 80% interest in a 482.6MW portfolio of contracted solar projects in Brazil to Nebras Power Investment.
Atlas Renewable Energy has completed long-term financing for three of its solar energy plants in Brazil for a total amount of US$152 million. This financing was achieved through Banco do Nordeste (BNB), backed by an equivalent sum of commercial bank guarantees from BTG Pactual, Banco ABC Brasil, and Banco Bradesco.
Atlas Renewable Energy has inaugurated its first operational PV project in Brazil, with the company completing the 67.1MW São Pedro solar plant in Bom Jesus da Lapa, located within the state of Bahia.
Brazilian energy developer Grupo Interalli has received government approval by the State Secretariat for the Environment of Piauí (SEMAR) for the development of the Marangatu Photovoltaic Complex — a 540MW PV installation.
JA Solar announced that it will supply all bifacial mono PERC double glass modules for SolarGrid's 3MW PV project in Brazil. This stands as Brazil’s first bifacial double glass solar project.