‘Solar Module Super League’ (SMSL) member, Canadian Solar is targeting to achieve over 15GW of PV module manufacturing capacity in 2020, while relying on China-based merchant solar cell producers.
Two-sided panels and support to distributors will help keep up with low-priced rivals and hit 500MW-600MW in module sales to Brazil next year, A-rated firm tells PV Tech at meeting in China.
Solar players reap combined 530MW in contracts of 2.9GW awarded to wind, hydro and thermal plants, with average PV prices the lowest at around US$20.5/MWh.
The French firm sees huge potential for more floating PV in Brazil, which boasts substantial hydroelectric infrastructure and generates 64% of its electricity from hydro power.
US$320 million project is unveiled as Brazil prepares for energy auction on October 18, set to jettison the Latin American state's PV capacity to new heights.
PV bids for 20-year supply deals at A-6 auction of 18 October will start at BRL209/MWh, opening up new avenue of government support for blossoming Brazilian PV scene.
Funding package of US$150m will finance solar and onshore wind projects that will generate 1,900 jobs.
Utility-scale PV developer Powertis has put its name to a 765MW portfolio of solar projects in Brazil.
Top markets Brazil and Mexico hold risks but also rewards if firms can look beyond headlines of political volatility, say local developers, lawyers and lobbyists approached for an upcoming PV Tech Power feature.
Developer breaks ground on 133MW extension of bifacial-powered São Gonçalo solar park, meant to go live in 2020 with total capacity of 608MW.
Powering-up of 156MWp plant in Bahia adds further momentum to PV ecosystem in Brazil's northeast, the target of an upcoming government-sponsored auction programme.
President gives formal all-clear to auctioning of PV to power water transfer as he attends opening of 1MW first phase of separate floating project.
President anticipates privately funded US$2bn-plus scheme for PV panels to fuel channelling of water towards country’s arid, poorer northeast.
UK player taps into one of Latin America’s solar markets-of-the-moment by purchasing Enerlife’s assets and taking on key staff of Brazilian auction winner.
Hydro and gas plug solar gaps caused by rare event, San Juan powers up 13.5MW of 379MW complex, Software to cut red-tape of US residential solar.