Brazil’s Votorantim Energia, managed by Votorantim SA, and the Canada Pension Plan Investment Board (CPPIB) agreed to form a 50-50 joint venture company that will invest in renewable energy across Brazil, Reuters reports.
Brazil Ministry of Mines and Energy (MME) has said it expects the 49 solar projects contracted in the last A-4 energy auctions to generate investments of BRL8 billion (~US$2.2 billion) by 2021 and create a further 1.8GW of power capacity.
According to GTM Research, global solar PV installations are expected to surpass 104GW in 2018, despite the top four markets, including China, forecasted to decline collectively by 7%.
Leading PV inverter manufacturer Huawei is supplying its string inverters to a 75MW fully-digitalized utility-scale PV project in Brazil, said to be the first of its kind in the country.
‘Silicon Module Super League’ (SMSL) member Canadian Solar said it would build three PV power plants in Brazil, totalling 364MWp in Brazil after securing the projects through Brazil’s latest A-4 auction that was held on April 4, 2018.
Enel Green Power Brasil Participações (EGPB), a subsidiary of Italian power giant Enel, has begun operations at its 103MW Horizonte solar park, in the municipality of Tabocas do Brejo Velho, in the north-eastern state of Bahia, Brazil.
Sri Lanka’s CEB tenders 10MW of solar in North Central Province, Minas Gerais looking at special financing for micro and mini-generation, Energy 4 Impact granted US$1 million for small-scale solar irrigation in Rwanda
NRGi and Better Energy have collaborated on a new PV project in Denmark that spans the area of 112 football pitches — with the installation standing as Denmark’s third largest PV park.
