brazil

Atlas Renewable Energy has signed a power purchase agreement (PPA) with Brazil’s largest aluminium producer for its 902MWp PV project in the state of Minas Gerais.

Spanish utility Iberdrola has already begun construction or entered into operation 60% of its new capacity investments by 2025 at the end of the first quarter of 2023.

Spanish utility Iberdrola has installed more than 4.5GW of solar PV capacity across the markets it operates due to new capacity added in Australia, Spain and Brazil in the first quarter of 2023.

Chinese state-owned energy company PowerChina has invested in a new solar PV plant with a 343MW capacity in Brazil.

Brazil will invest BRL50 billion (US$9.5 billion) in new transmission lines and infrastructure to boost solar and wind deployments.

As renewables investor Cubico Sustainable Investments recently acquired a solar project in Brazil, PV Tech talked to the company about the outlook for the market.

Cloud-based software company Salesforce has committed to purchasing 280,000MWh of renewable energy certificates in emerging markets.

Inverter manufacturer Sungrow has signed a 500MW distribution partnership with Brazilian supplier SOL+ Distribuidora to supply its inverters in the Brazilian market.

Renewables investor Cubico Sustainable Investments (Cubico) has signed an agreement with energy solutions platform ZEG Energias Renováveis (ZEG) to acquire a developing solar PV project in Brazil. 

Latin America-focused solar developer Atlas Renewable Energy has secured a US$210 million loan from the Brazilian Development Bank (BNDES) to finance its 438MW Boa Sorte solar project in Brazil.