The Committee for the Environment of the Brazilian Senate has approved a bill to modify the legislation of the electric system and grant access to the country’s energy auctions to large-scale hybrid renewable energy projects.
A draft of the new rules was submitted to public consultation by the Argentinean government. The new regulation, if implemented, would authorize the sale of power to large industrial power consumers by direct agreement.
At the first day of the conference PV Asset Management and O&M Europe 2017, which winds up today in Hamburg, almost all the participants agreed on the fact that the business is becoming more and more complex, and that getting to scale may provide a path through a period of further consolidation.
The new provisions were published in Chile’s Official Journal in May. The new regulations apply to large-scale solar, wind, geothermal energy and hydropower plants.
The Cuban province of Sancti Spíritus, which will host the plant, is planning to deploy 63 MW of PV capacity by 2019.
The rulings help clear the way for Brookfield’s acquisition of the two yieldcos, and close a long and difficult chapter in the story of the three companies.
If the loan is approved, it could close by the end of the month.
Through its Brazilian subsidiary Enel Green Power Brasil Participações, Italian developer Enel has completed two projects in Brazil’s north-eastern state of Bahia, with a total capacity of 158 MW.
With the now completed solar park in central Chile, the British solar developer has further established its presence in the Latin American solar market.
The Chilean mining company also announced it will issue a new tender to select power producers for its copper mine Minera Zaldívar.
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