brazil

Brazil's energy regulator ANEEL has finalised details of the 2nd Reserve Energy Auction to be held on 16 December this year, with the initial price for solar set at BRL320/MWh (US$94.36).

The Latin America region had installed 1.8GW of solar PV by the end of the third quarter this year, already up 400MW from 1.4GW in 2015, according to GTM Research’s Latin America PV Playbook for Q3 2016.

US manufacturer NEXTracker has won the contract to supply tracking for the 191.5MW Pirapora project in Brazil.

IDFC acquires 45MW India plants, Colorado Energy Office opens community solar array and Mato Grosso Do Sol ditches ICMS for solar self-consumption.

Some of the BRICS nations are witnessing a shortfall of billions of dollars in the renewables investment required to meet climate change mitigation policies, according to a report from the Institute of Energy Economics and Financial Analysis (IEEFA).

EDF Energies Nouvelle and 'Silicon Module Super League' (SMSL) member Canadian Solar will collaborate on the 191.5MW Pirapora I project, with the latter selling 80% of its stake in the facility.

Brazil’s development bank BNDES has approved new financing conditions for the energy sector, which favour solar.

Brazil now has 4,955 solar PV systems in the micro and mini-generation category, as of August 2016, marking a five-fold increase in one year.

Enel Green Power Brasil Participações (EGPB), a subsidiary of Italian power firm Enel, has started construction of a 103MW solar plant in the State of Bahia, Brazil.

A 264MW solar PV plant has been approved by the state government in the Brazilian state of Ceará.