brazil

Brazilian minister of mines and energy Fernando Coelho Filho has touted the potential of Brazil to become one of the largest global solar markets through the distributed generation segment.

Enel Green Power Brasil (EGPB), a subsidiary of Italy-based power giant Enel has started construction of a 292MW solar PV plant in Brazil.

Brazil’s energy agency EPE has accredited 393 solar PV projects ahead of its 2nd Reserve Auction to be held on 28 October.

Brazil’s Ministry of Mines and Energy is to postpone its first reserve energy auction from its scheduling for 29 July.

Chinese solar firm Canadian Solar and OEM giant Flextronics are working together on an US$80 million module manufacturing facility in Sao Paulo, according to the Brazilian Solar PV Association, Absolar.

Brazilian public bank Banco do Nordeste (Northeast Bank) has created a credit line to allow companies to install solar Pv and other renewable sources of energy in the mini (75kW-5MW) and micro-generation (>100KW) segment.

Brazil's Metropolitan Company of Waters and Energy (EMAE) has expressed interest in selecting partners to foray into various renewable energy initiatives including solar PV.

NEXTracker has received certification for compliance with Brazilian domestic content rules for its manufacturing operations, opening access to favourable credit lines for the company.

Brazil’s newly-appointed minister of mines and energy Fernando Coelho Filho has told members of the electricity industry that renewable energy will be one of his focus areas in the coming weeks and months.

Brazilian public bank Banco do Nordeste (Northeast Bank) has expanded the financing options available from its Northeast Constitutional Financing Fund (FNE) to include solar PV projects, wind farms, small hydro and biomass sources utilization plants.