Atlas switches on second Brazilian solar project

Facebook
Twitter
LinkedIn
Reddit
Email
The Juazeiro Solar Plant. Source: Atlas Renewable Energy

Atlas Renewable Energy has switched on its second PV plant in Brazil, the 156MWp Juazeiro Solar Plant in the northeastern state of Bahia.

The plant, awarded a 20-year PPA in Brazil’s 2015 renewable energy auction, will generate 375GWh annually. Atlas claims to have invested US$165 million in the project, which it says has the first “digital substation” in Latin America.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • 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

More than 475,000 modules supplied by Jinko, Canadian Solar and GCL span the 350-hectare site.

Atlas, which markets itself as a socially and environmentally-conscious investor, ran sustainability and recycling awareness campaigns for communities around the Juazeiro site. It also donated materials to build a community centre and hundreds of indigenous Brazil plum seedlings, a critical component of the local ecosystem, to locals.

Atlas has two more plants in the Brazilian state of Bahia – the 67.1MWp Sao Paolo solar plant, switched on in January, and the 156MWp Sertao solar plant, pegged to start operations in 2020. Further north, in the state of Ceará, the 81.52MWp Sol Do Futuro solar plant is under construction. All four projects reaped support at the 2015 government auction.

Despite being environmentalists’ bête noire, Brazilian president Jair Bolsanaro has been an active proponent of solar, in particular in Brazil's northeast. In early August, he authorised his government to launch a new auction programme for solar projects that would power a major water pumping project in the region. He made the announcement as he turned on the first phase of a 2.5MW floating solar project on the Sobradinho Reservoir in Bahia.

Atlas is the portfolio company of London-based renewables investor Actis. Earlier this month, Actis launched a new fund dedicated to existing infrastructure assets in emerging markets.

Read Next

April 26, 2024
Scatec has signed a 10-year power purchase agreement (PPA) with a local unit of Statkraft for a 142MW solar PV plant in Brazil.
April 15, 2024
Two solar PV developers - Soltec and Recurrent Energy - have closed financial deals for projects in Brazil this week .
April 4, 2024
Solar developers Atlas Renewable Energy and Hydro Rein have started commercial operation of a 438MW solar PV project in Brazil.
April 3, 2024
Trina Solar’s tracker manufacturing unit TrinaTracker has supplied 520MW of trackers to a solar PV plant in Brazil.
April 2, 2024
Voltalia has reported earnings before interest, taxation, depreciation and amortisation (EBITDA) of €241.1 million (US$259 million) in 2023.
March 11, 2024
Equinor, Scatec and Hydro Rein have started commercial operations at their 531MW Mendubim solar project in Brazil.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
May 29, 2024
11am (EDT) / 5pm (CEST)
Solar Media Events
June 4, 2024
London, UK
Upcoming Webinars
June 11, 2024
3:00 PM (BST) / 4:00 PM (CEST)
Solar Media Events
July 2, 2024
Athens, Greece