Brazil has cancelled its only reserve energy auction for wind and solar in 2016, due to an expected power oversupply in the country, according to a Reuters report.
France, Brazil, India and several other countries have signed a framework agreement as part of the International Solar Alliance (ISA) at the COP22 conference in Marrakech, according to Indian energy and mines minister Piyush Goyal.
Phoenix Solar and Asunim Turkey bring the country's largest solar plant online, SECI opens a tender for small-scale rooftop solar, Brazil regulators investigate the value of distributed generation and I&M brings its fourth solar plant this year online.
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.
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.
