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Canadian solar provider expands presence in Brazil

Firm Canadian Solar opens office in Sao Paulo in “strategic move” to enhance services and grow Brazilian customer base

Canadian Solar said it aims to further its utility-scale solar project development arm and create a customer base across Brazil

A world leading solar power provider based in Canada has expanded its presence in Brazil in what is being described as a "strategic move" for the company. Canadian Solar, one of the world's largest solar power companies, has opened a sales and business development office in Sao Paulo to enhance its services in the BRIC country, as solar claims a larger part of the "Brazilian renewables matrix."

The company said in opening the office it aims to further its utility-scale project development arm and create a wide customer base across Brazil's solar market. It also plans to expand and strengthen the company's South American sales network and broaden regional customer service capabilities.

Dr Shawn Qu, chairman and chief executive officer of Canadian Solar, said: "South America has long been a promising market for solar, and having a strong presence in Brazil is a strategic move for Canadian Solar. Canadian Solar has a proven track record of success around the globe and we look forward to replicating this momentum in the South American market. We are also proud to bring on board a new general manager for South America, Claudio Loureiro, who was instrumental in launching Canadian Solar operations in this new market."

Canadian Solar said it expands into the emerging South American solar market with a "strong product portfolio for commercial, utility-scale and off-grid markets." The company said it now aims to "further its utility-scale project development arm, create residential and commercial customer base in the market, as solar continues to develop and claim a larger part of the Brazilian renewables matrix."

Claudio Loureiro, general manager, South America for Canadian Solar, said: "I've always been attracted to great teams and compelling business models, and Canadian Solar hits the mark on both fronts. I look forward to working closely with Canadian Solar customers and partners as we delve deeper into this emerging market to further the company's success in the Americas."

Canadian Solar is the latest in a line of renewable energy companies moving into Brazil this year to build their presence in the BRIC country. Subsidiary of Spanish manufacturer Acciona is one example, which opened its first wind turbine assembly plant in Brazil in March.