solar power

Japanese company debuted in Brazil and plans to install 200 MW in distributed generation by 2022

With expansion, company should reach 30 MW of shared generation solar power plants in Minas

The main issue is competitiveness due to lack of attractive financing

In the first half of the year, the country spent US$ 317 M (FOB) on imports, a drop of 17%

Generators that adopt the strategy to anticipate the operation of the plants will need to study the connection availability

Some 8,000 jobs have been generated in the last 12 months

Company has 200 MW of centralized projects to participate in auctions or sell in the free market

Auction contracted a low volume as expected, increasing competition for contracts, which also involved wind, SHPs and biomass

Absolar Projection Considered Continuity of Current Distributed Generation Regulation

Bloomberg New Energy Finance projection is that Brazil's electricity matrix will reach the mid-century point with only 2% of non-renewable sources, currently 17%.

Company has around 350 kWp sold and expects to close this year with 1.2 MW

Company has a portfolio of 1.5 GW of wind, solar and SHPs and analyzes new projects; objective is to install about 900 MW in the upcoming years