Tag Archive: solar

Jun 15

Solar equipment suppliers postpone investments awaiting tax incentives

Estádio do Maracanã Postponements

The growth potential of solar energy in Brazil already attracts equipment manufacturers and eight months after the first successful auction in the segment, four companies have already committed to the installation of solar-power plants in the country. But the government’s delay in approving tax incentives for the industry has led to the reduction or postponement of plans and remains an obstacle to higher investment attraction.

 

BYD delaying solar investment

China’s BYD had planned to invest R$150 million to set up a module factory in Campinas, in the interior of São Paulo. The company had planned to start production in the first half of 2016, with capacity of 400 megawatts, but now it’s more likely that this amount will be reduced to only 150MW, says Adalberto Maluf, BYD director of government relations and marketing.

The first company to announce plans to install a plant in Brazil, SunEdison has not yet started taking the facilities of the paper. The American company entered into a supply agreement with Renova Energy, which sold 107 MWp in the auction of October 2014, and at the time, intended to invest about $ 30 million to build a module assembly plant and tracking devices solar, so-called “trackers”.

Also in the Northeast, the PB Construction signed a memorandum of understanding to build a panel unit in the port of Pecém, in Ceará, with total investment of R$ 40 million. According to the director of new business of the company, Luiz Eduardo de Moraes, there is a partnership with Chinese investors, whose names can not be disclosed.

In May Bloomberg reported that panel makers such as Yingli had put local manufacturing plans on hold following a 20% drop in the value of the Brazilian real since the country released the results of its first solar auction in October 2014.

Six of eight auction winners last year have yet to announce how they will procure panels for their projects, said the report.

 

 

 

 

 

 

Jun 07

Brazil to attract companies to invest in solar energy at Intersolar Europe

Matchmaking at Intersolar Europe

Intersolar exhibition Europe 2014

Intersolar is the world’s leading exhibition for the solar industry and its partners

Brazil is looking for companies that can strengthen the industry supply chain of solar energy in the country. In this sense, the Brazilian Trade and Investment Promotion Agency (Apex-Brasil) promotes an event at Intersolar, in partnership with the Brazilian Photovoltaic Solar Energy Association (Absolar), aiming to bring information to entrepreneurs about the Brazilian potential in this sector, Government incentives, credit lines and the best locations to install power generation plants and parks.

On June 11, a seminar will take place at Messe München from 8:30 a.m. to 1:30 p.m., at Room 11, with representatives of key government agencies and companies successfully established in the Brazilian market. In the afternoon, from 1:30 to 4:00 p.m., at Room 13, there will be a matchmaking session between Federal and State Governments with companies, and between companies and potential investors.

In addition to Apex-Brasil, the event will also gather representatives of the Brazilian Development Bank (BNDES), the National Electric Energy Agency (Aneel), the Brazilian Agency for Industrial Development (ABDI), the National Institute of Metrology, Quality and Technology (Inmetro) and from the State Governments of Pernambuco, Minas Gerais and Bahia. Business associations from Brazil and Germany will also participate in the seminar: the Brazilian Photovoltaic Solar Energy Association (Absolar), and the Solar Association of Germany (BSW-Solar). In addition, companies successfully established in Brazil will take part in the event, such as the Sowitec Group and the joint venture SunEdison & Renova, presenting the audience their experience in the Brazilian market.

Context

The Brazilian Federal Government announced two more solar energy auctions for 2015. The first should occur later in June. According to the rules, the auction winners will have three years to start offering their services. “Brazil is living an effervescent moment for the sector. There is a demand and there is time for them to settle in the country. It is worth remembering that, in addition to the Government-contracted energy, there is a growing consumer interest for this type of technology,” explains the investment manager of Apex-Brasil, Maria Luisa Cravo. “We want to show the opportunities we have to those companies who have not yet decided to establish in Brazil. This industry is one of our priorities in foreign investment attraction”, she says.

Last year, the Brazilian Government held the first solar energy auction. It was the most attended in history, with about eight hours of negotiations. The auction attracted investments of approximately R$ 7.1 billion, which will also be used in wind power projects. As a result of the 2014 Reserve Energy Auction held in October, the Energy Research Company (EPE) foresees the construction of 31 additional solar energy installations. The solar energy enterprises have a total installed capacity of 889.6 MW.

In May 2015, the BYD Group, from China, announced the first plant for photovoltaic panels in Brazil, which will be installed in São Paulo. The goal of the company is to produce 400 MW of solar panels per year.

Invest in Brasil – Photovoltaics (Intersolar Europe 2015)
June 11, 2015
From: 8:30 a.m. to 4:00 p.m.
Location – Munich, Germany – Messe München
Rooms: 11 (seminar and lunch) and 13 (matchmaking)

Link

The project of the investor Coelba is the first solar power system on a soccer stadium in Latin America.

Salvador da Bahia, Brazil. In August 2011, Gehrlicher Ecoluz Solar do Brasil S.A., a joint venture of the German photovoltaics specialist Gehrlicher Solar AG and the Brazilian environmental technology group Ecoluz Participações S.A., was awarded an international tender by the Brazilian utility Coelba. Solar power system on the roof of Pituaçu Stadium in Brazil

The contract includes planning and construction of the first photovoltaic system on a soccer stadium in Latin America. (more…)