Solar PV manufacturing conference: One of the upcoming destinations for solar PV manufacturing beyond China is India, where companies are gathering support from technologists and scientists to develop an upstream value chain. The idea is not just to establish vertical integration but also to make it a resilient and sustainable one. TaiyangNews is bringing together the country’s leading solar PV players and international experts to discuss the progress of solar PV manufacturing in the Asian country in a 2-day physical event in New Delhi, India, on April 10 and 11, 2025. At the event, INA Solar’s Chief Technology Officer Deepak Jain will participate in an executive panel to discuss strategies of solar module manufacturers. Register for the Solar Technology Conference India 2025 to understand the Indian solar PV manufacturing landscape. Click here.
Vale & GIP partner: Brazilian metals and mining group Vale has entered a renewable energy joint venture (JV) with US-based Global Infrastructure Partners (GIP). It represents a portfolio of over 2.189 GW, including the Sol do Cerrado solar plant. GIP has come on board as the 70% stakeholder in Alianca Geracao de Energia for $1 billion. Vale will remain a 30% shareholder. Vale said this will ensure strategic power generation volume to maintain its electricity matrix, which is 100% based on renewable sources in Brazil, at competitive prices in USD without inflation adjustment.
750 MW solar plant in Piaui: Brazil’s Piaui government has announced plans for a 750 MW large-scale solar power plant in the state. It recently signed a memorandum of understanding (MoU) with Coensa Construções Planejadas Ltda and Prosolar Geradora de Energia Solar SPE Ltda for its installation. This 750 MW Fazenda São Dimas Photovoltaic Complex will be installed between the municipalities of Manoel Emídio, Sebastião Leal and Bertolínia. The administration sees his project as reinforcing Piaui’s role as one of the country’s main solar energy hubs. The Piaui government’s Investe Piaui will facilitate and accelerate the permitting process for the project and also seek strategic partners for the purchase of energy on the free market. It will also strengthen necessary infrastructure, including roads and transmission lines.
EDP raises 2nd installment for Brazil projects: Brazil’s Superintendence for the Development of the Northeast (Sudene) has approved BRL 109 million ($19.3 million) for the development of 181.1 MW solar PV capacity for units II, UUU, IV and V of the Monte Verde Photovoltaic Project. Owned by EDP Renováveis Brasil, these projects are estimated to cost BRL 914.5 million ($162 million), out of which Sudene will support with BRL 411 million ($72.47 million). The $109 million forms 2nd installment of this financing from the Brazilian state-owned institution. Sudene previously shelled out BRL 149.62 million for the development of Monte Verde Solar VI and V solar PV plants (see Latin America Solar PV News Snippets: Grenergy’s Chile Storage Project Expands To 11 GWh & More).