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Wind Farms in Brazil’s Northeast Hit New Peak Generation Record, Again!

The Brazilian Northeast wind parks generated their peak —11,548 MW — at 23:56 local time on July 8, according to data from the National Electric System Operator (ONS). The volume produced by wind parks accounted for 99.2% of the regional need. This is the second time the region has broken its generation record this month. The previous […]

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Renesola to Achieve 200MW Brazil Shipment in 2021

ReneSola (backed by Zhongnan Industry) is a world reputed Solar PV Module manufacturer announced that they have won 35MW and 110MW module supplies in the Brazilian market and is expected to achieve 200MW in Brazil, 2021. Despite the severe impact of COVID-19, Brazil PV market has maintained a relatively stable growth trend. The installed capacity […]

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Atlas Secures Finance for 359 MW Solar Project in Brazil

Atlas Renewable Energy, a leading renewable energy company in the Americas, announced today that it has obtained a USD 150 million loan from IDB Invest, a member of IDB Group, and from DNB Bank ASA (the largest financial services group in Norway) to finance the construction of its Lar do Sol – Casablanca project, a 359MWp solar project to be […]

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Chinese Consortium to Invest and Finance 1.1 GW Solar Farm in Brazil

The consortium of CDIL & CMEC have entered into a development agreement for the EPC and financing of a 1.1 GW solar project in Brazil The consortium of China Development Integration Limited (CDIL) and China Machinery Engineering Corporation (CMEC) has announced that they have entered into a development agreement in relation to the EPC+F (engineering, […]

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Ahead of Sunset On Brazil’s Solar Subsidies, Developers Race to Secure Projects

Brazil, which has disappointed as a market for solar so far, is preparing to bring a new law, passed in March 2021, that will end the country’s transmission network price subsidy. Since only those projects which have been registered with the electricity industry regulator ANEEL by March 2022 will benefit from the soon-to-be scrapped subsidies, […]

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Fortescue and EIG-Backed Companies Sign MoU to Develop Green Hydrogen Plant in Brazil

EIG, a leading institutional investor to the global energy sector, and Prumo Logística S.A. (“Prumo”), a private Brazilian company controlled by EIG, today announced the signing of a Memorandum of Understanding (“MoU”) between Prumo’s subsidiary, Porto do Açu Operações S.A. (“Port of Açu” or the “Port”), and Fortescue Future Industries Pty Ltd (“FFI”). FFI is […]

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Sungrow Launches the Latest 75 kW String Inverter for Brazilian DG Market

Sungrow, the global leading inverter solution supplier for renewables, rolled out the Company’s latest commercial string inverter SG75CX for Brazilian micro-generation power plants, showcasing the Company’s continued commitment to comply with the regional power demand and decarbonize the local economy. The Brazilian solar market has not been significantly impacted due to the COVID-19 crisis as […]

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Nextracker Chosen to Supply Smart Solar Trackers for Brazil’s Largest Solar Power Plant

Leading Brazilian EPC Andrade Gutierrez to build 830 MW Janaúba PV plant in state of Minas Gerais using NX Horizon™ bifacial optimized solution Nextracker™, a Flex company, announced that it has been selected by leading Brazilian EPC firm Andrade Gutierrez and developer Elera Renováveis (formerly Brookfield Energia Renovável) to supply 830 MW of its world-leading solar tracker technology, […]

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