wiredinUSA February 2020

First step into Brazil

Canada’s Solar Provider Group (SPG) is looking for a Brazilian partner to develop $250 million of PV projects in the country over the next five years. SPG has hired a team of workers in Brazil and is seeking corporate buyers for solar power; it will be the company’s first venture into Latin America. “I am excited at the opportunity the Brazilian market represents, for both Solar Provider Group and the global solar industry. We look forward to building

strong partnerships and providing clean, sustainable energy to my home country of Brazil,” said Cesar Frota, the company’s country manager. Brazil’s solar capacity has grown substantially in recent years, a result of rising local power prices and a reduction in the cost of solar panels, and the government forecasts around 9GW capacity by 2027. The country benefits from solar irradiation of over 1,600kWh per square meter across most of its territory.

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