Comerc Energia has inaugurated the 267 MW São João do Paracatu photovoltaic complex in the municipality of Paracatu, located in the southeastern state of Minas Gerais, Brazil.
The solar park has an installed capacity of 267 MWp and has invested about BR$950 million (US$ 175 million). Covering an area of 509 ha, or roughly 471 football fields, the factory includes almost 500,000 solar modules. The complex has produced more than 275 GWh in its first five months of operation, which is equal to the energy used by cities like Niterói (RJ) with populations over 480,000.
The project is expected to avoid about 162,000 tons of CO2 emission into the atmosphere, which is capable of generating about 145,000 carbon credits per year.
Statkraft has inaugurated the 519 MW Ventos de Santa Eugênia Wind Complex in Bahia, Brazil.
Brazil's Superintendency for the Development of the Northeast (Sudene) has granted a BRL83.8 million (USD 16.9 million) loan to support the financing of a 34.8-MW wind power project located in the state of Bahia, Brazil.
Read moreNew Fortress Energy (NFE) has signed agreements to secure up to US$575 million in financing to complete the construction of its 630 MW Barcarena power plant in Brazil.
Read moreThe National Bank for Economic and Social Development (BNDES) and the Ministry of the Environment and Climate Change (MMA) relaunched the National Fund on Climate Change.
Read moreFepam, the environmental protection agency in Rio Grande do Sul, Brazil, has granted the preliminary license (LP) for the 643.5 MW Harmonia wind power complex located in Rio Grande do Sul, Brazil.
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