BlackRock took an 80% stake in the new company, Distributed Solar Development, in an undisclosed deal. The new business will design, build, own and operate distributed solar and storage solutions for industrial, commercial and public-service customers.
Several rounds of auctions for large-scale projects and a favourable policy environment for distributed systems have helped create the right conditions for PV to flourish in Brazil. Rodrigo Sauaia and Juliana Vasconcelos explore the biggest areas of opportunity for foreign firms looking to access this promising new market.
The decreasing cost of distributed generation and storage technologies is changing the way value is created in the energy sector, according to a new report launched by SolarPower Europe in Brussels today.