Brazilian renewable energy company Detronic Energia has formed a partnership with investment advisor Appian to develop 20 ready-to-build solar parks with a total capacity of 62.4MWp in Minas Gerais.
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.
Latin America-focused solar developer Atlas Renewable Energy has secured a BRL406 million (US$76 million) loan from Brazil's BNB development bank for the construction of a 239MW solar PV project.
Energy major Shell and Brazilian steel company Gerdau have penned a 50-50 joint venture (JV) agreement for the development, construction and operation of a 260MWp solar PV project in the solar hotbed state of Minas Gerais.