31 Dec '16, 3pm

Cancelled auction won’t derail Brazilian PV progress, says Canadian Solar https://t.co/iyEnlFHPaL

Cancelled auction won’t derail Brazilian PV progress, says Canadian Solar https://t.co/iyEnlFHPaL

Canadian Solar believes Brazil will run the cancelled wind and solar auction in the first half of 2017. Image: Invest in São Paulo Brazil’s solar industry will still see strong growth despite the cancellation of the country's only solar and wind auction this year, representatives of ‘Silicon Module Super League’ (SMSL) member Canadian Solar have told PV Tech. Canadian Solar is one one of the only major PV manufacturers to have a facility up and running in the South American country, having recently inaugurated a 350MW to 400MW module assembly plant in Sao Paolo and having already secured more than 330MW of solar projects through previous auctions. Brazil’s energy agency EPE recently explained that the latest renewables auction was cancelled due to a reduction in energy demand along with a worsening macroeconomic outlook. However, Thomas Koerner, Canadian Solar vice preside...

Full article: http://www.pv-tech.org/news/cancelled-auction-wont-derail...

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