While Absolar will supply data and strategic information about the solar sector in the country, Apex-Brazil will make initial contacts with investors in Brazil and abroad.

“Foreign direct investment is fundamental not only to develop the solar PV supply chain but also to diversify the country's power mix,” said David Barioni Neto, Apex-Brasil's president.

In a forerunner of the partnership, Apex, Absolar and development bank BNDES in June arranged meetings with investors at the Intersolar Europe event, where more than 90 companies showed interest in investing in Brazil's nascent solar sector.

Brazil