800 MW of PV under development in Brazil in First Week of Net Metering

800 MW of PV under development in Brazil

23.04.2012: One week after Brazil approved a new net-metering regulation for photovoltaic (PV) systems up to 1 MW in size, the president of the Brazil’s largest solar association Associaçao Brasileira da Industria Eletrica e Eletronica (ABINEE), Leonidas Bispo Andrade, told PHOTON that more than 800 MW of PV is currently in development across the country. “These are projects that are currently asking for permits, grid connection and developing engineering,” explained Andrade. According to Andrade, the projects’ developers are awaiting a public bidding program similar to the one Brazil developed for wind power projects. Those bids allowed 7 GW of wind projects to be contracted over the last three years. Andrade said the government does plan to introduce a solar bidding program that would include large-scale solar projects; however, it has not given any indication of when such a program would be launched. Source: PHOTON http://www.abinee.org.br

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com