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.
Developers of the majority of projects awarded in Brazil’s first solar-only tender round in 2014 have submitted a request to the regulator to delay construction by two years, according to a report.
