Brazil's Solair to start PV production

Brazilian PV installation startup Solair Brasil plans to begin local production of panels and inverters in March and April respectively.

By the end of the year it plans to have enough local content to tap cheaper financing from local official sources such as the National Development Bank BNDES and government environmental funds, Solair's CEO Nelson Cortes da Silveira told Recharge.

“We can make engineering adaptations to the inverters and in the assembly of the panels with the imported cells which will reach 70% of local content," he said. “The cheaper financing will reduce our financial cost."

The factory is located in the city of João Pessoa in the northeastern state of Paraíba. It Log in to read complete article.

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