Brazil – The Leading Solar Magazine In India

SPG’s $250m investment plan shows long-term attractiveness of Brazil solar market, says GlobalData

Solar Provider Group (SPG) has announced that it is planning to enter the Brazilian solar market with an investment of $250m over the next five years. SPG is looking for local development partners in Brazil, as well as corporate buyers of energy. With its financing, structuring, engineering and development expertise, SPG is looking to build […]

Americas

Brazil’s Bolsonaro says he will bar taxation on solar energy

January 7, 2020 Anand Gupta

SAO PAULO: Brazilian President Jair Bolsonaro ruled out on Monday a tax on solar energy, as the country intends to support the development of clean sources of power. Bolsonaro’s statement comes as Brazil’s power regulator Aneel said it was considering cutting incentives for solar power. Source: in.reuters

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After green bonds in Canada, Brookfield eyes renewable biz in India, Brazil

November 20, 2019 Anand Gupta

Brookfield is one of the most active players in the green debt markets in North America After selling three green project bonds in the U.S. and marketing a new one in Canada, Brookfield Asset Management’s renewable power business is setting its sights on South America and Asia. The Toronto-based company is selling bonds to refinance […]

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JinkoSolar’s motion for summary determination of non-infringement will be granted by ITC JUDGE within two weeks

November 15, 2019 Anand Gupta

Jacksonville, Fla.: JinkoSolar Holding Co., Ltd. (NYSE: JKS) (“JinkoSolar”), one of the largest and most innovative solar module manufacturers in the world, today announced that the Administrative Law Judge (“ALJ”) in U.S. International Trade Commission Investigation No. 337-TA-1151 (“the 1151 Investigation”) issued an order indicating that JinkoSolar’s motion for summary determination of non-infringement will be […]

Business & Finance

Ambev to invest $145 mln in wind farm to power Budweiser breweries in Brazil

November 11, 2019 Anand Gupta

Under the terms of the agreement, Ambev is expected to pay around 600 million reais ($145 million) over a 15-year period SAO PAULO : Ambev SA said on Friday it has signed a deal with a private equity group to build a wind farm that will supply renewable energy to all of its beverage plants in Northeastern Brazil, as […]

Business & Finance

Ambev to invest $145 mln in wind farm to power Budweiser breweries in Brazil

November 9, 2019 Anand Gupta

SAO PAULO: Ambev SA said on Friday it has signed a deal with a private equity group to build a wind farm that will supply renewable energy to all of its beverage plants in Northeastern Brazil, as well as to its five Budweiser breweries across the country. Under the terms of the agreement, Ambev is […]

research

8 Countries (Besides the US) With Solar Under $25 per Megawatt-Hour

November 1, 2019 Anand Gupta

Around the world, solar power price records just keep on coming. One of the biggest U.S. solar stories of the summer was developer 8minute’s pricing record of $19.97 per megawatt-hour for a Los Angeles project. The project, which looks set to go ahead following initial union resistance, remains a relatively rare public example of sub-$25 […]

Europe & UK

Brazil: EIB provides EUR 100m to boost climate action investments in Minas Gerais

October 22, 2019 Anand Gupta

The European Investment Bank (EIB) will provide EUR 100m to Banco de Desenvolvimento de Minas Gerais (BDMG) to support climate action projects in this Brazilian state. Private companies and also municipalities will be able to benefit from the advantageous financing conditions of the EU bank, both in terms of long tenors and interest rates, to […]

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Climate change: India pitches for financial support

September 3, 2019 Anand Gupta

In the run-up to two key UN summits on Climate Change, India has raised the pitch for finance and technology support to developing nations to achieve the Paris Agreement goals of keeping a global average temperature rise this century well below 2 degrees Celsius. Union Minister for Environment, Forest and Climate Change Prakash Javadekar said […]

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Lightsource BP makes major Brazil solar acquisition

July 5, 2019 Anand Gupta

The London-based firm, in which BP holds a 43% stake, said in a statement it bought 1.9 gigawatt of projects from independent renewables developer Enerlife for an undisclosed sum LONDON: Solar energy developer Lightsource BP has acquired a large number of projects in Brazil with a potential to nearly double its current global capacity. The […]

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