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May 18, 2016: NEXTracker (Fremont, California, USA) announced that it has obtained FINAME certification in Brazil, which will enable the company to provide cash PV trackers
to Brazilian projects under attractive financial arrangements.
The FINAME certification, granted by the Brazilian Development Bank (BNDES), shows that the products produced by the company comply with BNDES local content and local manufacturing process standards
.
Under special terms and conditions, FINAME Facilities Financing gives project developers access to local development bank lines of credit
.
As Brazil's reach grows, with a co-located manufacturing center at Sorocaba in São Paulo – and supported by more than 9,000 Brazilian Flex employees – NEXTracker will provide advanced NX Horizon trackers
to its solar developers and EPCs throughout Brazil.
Locally produced tracker materials, in addition to key structural building blocks, NEXTracker manufactures and tests advanced self-powered controllers
at Flex.
Dan Shugar, CEO of NEXTracker, said: "NEXTracker is very pleased to receive FINAME certification
.
This, combined with our local sales and operations, will strengthen our ability to
offer a large number of advanced solar trackers in Brazil.
”
The deployment of solar energy in Brazil opens up new areas of wireless, and in addition to serving important local markets, we are excited to add new high-quality solar jobs
to the Brazilian economy.
"
Brazil's PV installed capacity will reach 7GW in 2024
Brazil's Federal Energy Planning Authority (EPE) recently doubled its PV capacity forecast for 2024 to 7GW in light of the results of Brazil's initial solar auction.
BNDES' FINAME certification encouraged the company to offer more local products to the region, creating more availability and scalability for parts inventory and technical support
.
May 18, 2016: NEXTracker (Fremont, California, USA) announced that it has obtained FINAME certification in Brazil, which will enable the company to provide cash PV trackers
to Brazilian projects under attractive financial arrangements.
The FINAME certification, granted by the Brazilian Development Bank (BNDES), shows that the products produced by the company comply with BNDES local content and local manufacturing process standards
.
Under special terms and conditions, FINAME Facilities Financing gives project developers access to local development bank lines of credit
.
As Brazil's reach grows, with a co-located manufacturing center at Sorocaba in São Paulo – and supported by more than 9,000 Brazilian Flex employees – NEXTracker will provide advanced NX Horizon trackers
to its solar developers and EPCs throughout Brazil.
Locally produced tracker materials, in addition to key structural building blocks, NEXTracker manufactures and tests advanced self-powered controllers
at Flex.
Dan Shugar, CEO of NEXTracker, said: "NEXTracker is very pleased to receive FINAME certification
.
This, combined with our local sales and operations, will strengthen our ability to
offer a large number of advanced solar trackers in Brazil.
”
The deployment of solar energy in Brazil opens up new areas of wireless, and in addition to serving important local markets, we are excited to add new high-quality solar jobs
to the Brazilian economy.
"
Brazil's PV installed capacity will reach 7GW in 2024
Brazil's PV installed capacity will reach 7GW in 2024Brazil's Federal Energy Planning Authority (EPE) recently doubled its PV capacity forecast for 2024 to 7GW in light of the results of Brazil's initial solar auction.
BNDES' FINAME certification encouraged the company to offer more local products to the region, creating more availability and scalability for parts inventory and technical support
.
