BlueSol's CEO Nelson Colaferro, Jr said: "So far, since the photovoltaic system can only be installed off-grid, Brazil's solar market is developing slowly, but after the new law is enacted, the market will develop rapidly." BlueSol is a solar energy device The distribution company is located in Riberao Preto, Sao Paulo, Brazil.
Colaferro made the above speech at Intersolar North America Photovoltaic Fair, which was held in San Francisco from July 12th to 14th with over 100,000 visitors each year.
According to Felipe Cerqueira Guth, an infrastructure analyst at the National Development Bank BancoNacionaldeDesenvolvimentoEcoonomicoeSocial (BNDES), “We have the same expectations in terms of licensing legislation. This is why we come to the Intersolar conference to learn more about what the Brazilian market needs.†The bank is located in Rio de Janeiro, Brazil.
The first private solar power station in Brazil will be a 1MW experimental power station located in the Taua region of Ceara and completed by MPX Energy.
The solar module used by the power station was provided by Kyocera Corporation and the American Development Bank headquartered in Washington, DC provided part of the project. MPX Energy, Rio de Janeiro, is a publicly listed, independent power producer seeking capital expansion from BNDES.
A large number of private, public, and non-government agencies have made efforts to implement the new solar energy bill. One of the heavyweight members is the national energy network Renove. Renove has made a financial guarantee to the Renewable Energy & Energy Efficiency Partnership (REEEP) in Vienna to help develop the Brazilian solar market.
So far, Brazil has a good record of renewable energy development. The country has the world's largest ethanol fuel project and has the largest pumped storage capacity. During the 2014 World Cup in Brazil, the country will become a showcase for renewable energy.
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