brazil

Country to consult on hybrid potential after Roraima state awards contracts to 56MW and 11MW schemes combining both power sources.

Brasilia sets BRL276.00/MWh (US$69.31/MWh) ceiling solar price for June auction, while Buenos Aires records 128MW of PV bids ahead of July tender.

ABSOLAR: Solar’s first-time access to new-generation auction marks moment of ‘justice’ and clears way for industry to enter six tenders all the way to 2021.

Mato Grosso do Sul state confirms capacity figure for PV project set to reap US$1.5bn in funding, with Doosan and Hyosunt TNC among the suppliers.

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.

Asia becomes major driver of 94GW PV addition worldwide, with other frontrunners including the US, Australia, Germany, Brazil, Egypt and Mexico.

Power market regulator ANEEL confirms compensation rules due for publication in H2 2019 will only affect new connections.

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.

Energy giant eyeing favourable conditions in Portugal, US as it shares plans to expand solar portfolio as part of €6 billion shift to renewables.

Association hails plummeting solar costs ahead of next tender this June, with new figures showing industry has hit 2GW capacity mark.