Brazil

Canadian Solar secures funding partly for 191MW project in Brazil

The 191MW Pirapora I Project is currently under construction and is expected to be completed in the third quarter of 2017. Image: Canadian Solar
The 191MW Pirapora I Project is currently under construction and is expected to be completed in the third quarter of 2017. Image: Canadian Solar

Vertically integrated PV firm Canadian Solar has secured US$20 million in funding from the China and Portuguese-led Countries Cooperation and Development Fund (CPDFund) to support a number of solar projects in Brazil, including the 191MW Pirapora I Project in the state of Minas Gerais.

The 191MW project is currently under construction and is expected to be completed in the third quarter of 2017.

Once completed, the project will produce 391.3GWh of clean electricity annually, enough to meet the yearly energy needs of more than 200,000…

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