Atlas Renewable Energy commissions 600MW of solar PV in Brazil

Facebook
Twitter
LinkedIn
Reddit
Email
The 359MW Casablanca solar plant in Minas Gerais from Atlas, pictured above, secured a 15-year PPA with Anglo American Image: Atlas Renewable Energy

Latin America-focused solar developer Atlas Renewable Energy has commissioned 600MW of solar PV in Brazil.

Located in the eastern state of Minas Gerais, the two solar plants – Lar do Sol and Casablanca – have an installed capacity of 239MW and 359MW, respectively.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Atlas has signed long-term power purchase agreements (PPAs) at both projects with major firms. The company signed a 19-year PPA in 2021 to sell power produced at the Lar do Sol plant to chlorine producer Unipar, and a 15-year deal to sell power from the Casablanca project to mining company Anglo American.

“By opting for PPAs, companies such as Unipar and Anglo American demonstrate a long-term commitment to sustainability. In addition to the environmental factor, investment in renewable energies brings commercial competitiveness to the business and has a positive impact on the brands,” said Luis Pita, general manager for Atlas in Brazil.

For the construction of the Lar do Sol solar project, the Miami-based developer had secured a US$76 million loan from Brazil’s financing entity Banco do Nordeste do Brasil in February 2022, while it secured a US$150 million loan from IDB Invest – the private sector arm of the Inter-American Development Bank – for the construction of the Casablanca project back in 2021.

Atlas has a portfolio of 4GW of contracted projects across several countries in Latin America, of which 2.2GW are operational.

Brazil is an important market for the solar developer where it is building and operating several solar PV plants, one of which it recently secured a PPA with Brazil’s largest aluminium producer Albas Aluminio Brasileiro for a 902MW project, also in the state of Minas Gerais.

Read Next

August 28, 2025
Latin America has the potential to unlock billions in clean energy investment if it aligns national policies with global sustainability goals and investor expectations.
Premium
August 14, 2025
JP Casey investigates efforts currently being made to standardise the offtake agreement for the renewable power sector.
August 13, 2025
Madrid-headquartered renewables developer Elawan has signed a 10-year power purchase agreement (PPA) to support a 150MW solar PV portfolio in northern Spain.
August 12, 2025
US solar tracker manufacturer Nextracker will supply 1.5GW of its products to a Brazilian solar PV hybrid project portfolio.
Premium
August 6, 2025
PV Talk: LevelTen’s Andrés Acosta discusses how an oversupply of clean projects is shaping Europe’s PPA market.
August 6, 2025
Independent power producer (IPP) Scatec has secured BRL150 million (US$27 million) for its 142MW solar PV plant in Minas Gerais, Brazil. 

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines