Brazil’s Votorantim Energia, managed by Votorantim SA, and the Canada Pension Plan Investment Board (CPPIB) agreed to form a 50-50 joint venture company that will invest in renewable energy across Brazil, Reuters reports.
Brazil Ministry of Mines and Energy (MME) has said it expects the 49 solar projects contracted in the last A-4 energy auctions to generate investments of BRL8 billion (~US$2.2 billion) by 2021 and create a further 1.8GW of power capacity.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has sold its interest in the Guimarania solar energy project in Brazil to Global Power Generation, subsidiary of Spanish energy group Gas Natural Fenosa as it continues to monetize PV power plant projects in the country.
‘Silicon Module Super League’ (SMSL) member Canadian Solar said it would build three PV power plants in Brazil, totalling 364MWp in Brazil after securing the projects through Brazil’s latest A-4 auction that was held on April 4, 2018.
Enel Green Power Brasil Participações (EGPB), a subsidiary of Italian power giant Enel, has begun operations at its 103MW Horizonte solar park, in the municipality of Tabocas do Brejo Velho, in the north-eastern state of Bahia, Brazil.
Sri Lanka’s CEB tenders 10MW of solar in North Central Province, Minas Gerais looking at special financing for micro and mini-generation, Energy 4 Impact granted US$1 million for small-scale solar irrigation in Rwanda