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.
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.
The Energy Storage Latin America agenda provides the industry with an unrivaled opportunity to discuss how the region is set to unlock the full potential of energy storage, accelerate deployment and address the main regulatory and financing challenges. The Energy Storage Summit Latin America is the first event of its kind, designed with a clear goal to accelerate both dialogue and deployment of energy storage solutions. Hear from a world-class line up of industry speakers discussing: The changing market, Active and pending projects, Regulatory environment, Financing options and New storage technologies. This event is the only place where the entire energy storage value chain will be present. Enquire now and be part of an unparalleled platform enabling you to network and do business with: Government, Utilities, Developers, EPCs, Investors and more.