Solar panels being fitted in Rio de Janeiro
Brazil solar PPA demand rises ahead of grid rule change
Lisarb Energy sees spike in interest from corporate offtakers to lock in contracts before rise in grid costs for solar projects
Brazil’s solar power sector has seen an upsurge in interest from large corporate offtakers looking to sign power-purchase agreements (PPAs) ahead of planned regulatory changes, according to Lisarb Energy, one of the country’s largest independent solar project developers and operators. A legal change expected to come into force in the near term will oblige new generation assets below 5MW to start contributing to power distribution costs, according to Lisarb chairman Jamie MacDonald-Murray. “Currently, small plants of up to 5MW do not make any contribution to the distribution costs, so therefore we are seeing a rush to secure PPAs by big corporates across Brazil,” he tells Transition Economist
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