September 12 (Renewables Now) - Technical advisory firm ArcVera Renewables has opened a new office in Sao Paulo to further expand its reach in Brazil and other solar and wind energy markets in South America.
The company, created in March 2017 through the merger of US technical consultancies V-Bar and Chinook Wind, said that the Brazilian wind and solar sectors are experiencing a new wave of activity as the economy recovers and as, after a certain pause, renewable energy auctions are happening again.
“In a thriving and competitive renewable energy market like Brazil, it’s fine project margins that decide the ‘winners’ and ‘losers’ – both when it comes to financing through the auction process, and when maintaining profitability over the long-term,” said ArcVera’s President and Principal Engineer John Bosche.
ArcVera says its team of atmospheric scientists, data analysts and engineers have over seven years of experience with wind and solar projects in Brazil. The firm specialises in project-lifetime resource assessment, optimisation and testing, and has provided consultancy support to 17 GW of renewable energy projects, including 2 GW of operating capacity, in the Brazilian market.