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PV Cycle said it will financially support SunR’s expansion in Brazil and the wider LATAM region and as part of its ongoing business development plan.

Through a joint venture (JV) between the two companies, Atlas will build the project as part of the Luiz Carlos Solar Photovoltaic Complex in the Southeastern state of Minas Gerais.

Recurrent Energy, the renewables developer arm of solar manufacturer Canadian Solar, has powered a 360MW solar PV plant in Brazil.

Solatio has signed a memorandum of understanding (MoU) with the Piauí state government in Brazil to develop a 4GW solar PV plant.

Scatec has signed a 10-year power purchase agreement (PPA) with a local unit of Statkraft for a 142MW solar PV plant in Brazil.

Two solar PV developers - Soltec and Recurrent Energy - have closed financial deals for projects in Brazil this week .

Solar developers Atlas Renewable Energy and Hydro Rein have started commercial operation of a 438MW solar PV project in Brazil.

Trina Solar’s tracker manufacturing unit TrinaTracker has supplied 520MW of trackers to a solar PV plant in Brazil.

Voltalia has reported earnings before interest, taxation, depreciation and amortisation (EBITDA) of €241.1 million (US$259 million) in 2023.

Equinor, Scatec and Hydro Rein have started commercial operations at their 531MW Mendubim solar project in Brazil.