Atlas Renewable Energy has entered into a 21-year power purchase agreement with Albras for the supply of sustainable energy sourced from the 902 MW Vista Alegre Photovoltaic Project in Brazil, which is predicted to commence operations in 2025. The solar plant will be situated in the state of Minas Gerais, expected to generate approximately 2 TWh/year, equivalent to offsetting about 154,000 tons of CO2 emissions per year.
The partnership between Atlas and Albras is also set to significantly contribute to the energy transition in Brazil. The partnership will permit the generation of renewable energy equivalent to the capacity needed to power a city with roughly 3 million people, such as Brasilia.
Vista Alegre will continue its commitment to promoting sustainable practices and instilling long-term environmental, social, and governance advantages for the surrounding communities.
Country updates
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April 21, 2023
Voltalia to appeal preliminary decision to suspend permits of Canudos wind projects in Bahia
Voltalia has announced that it is appealing against a judicial preliminary decision to suspend permits of the Canudos wind projects. The facilities, located in the State of Bahia, comprises two wind f...
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April 18, 2023
BNDES, CDB sign US$1.3bn for Brazilian infrastructure and green economy
BNDES has agreed to partner with the China Development Bank, signing a joint deal to raise up to US$1.3 billion towards financing various infrastructure, energy, oil and gas, mining, and sanitation pr...
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April 11, 2023
Brazilian state of Piaui signs agreements for renewables, green hydrogen
The Brazilian State of Piaui has entered into several agreements to advance the development of green hydrogen generation projects supported by new solar power plants. Solar Outdoor Media and Quinta S...
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April 05, 2023
BYD, Orion-E to develop 100 MWp of Brazilian solar projects
BYD Company and Orion-E Sustainable Energy have signed an agreement to develop 100 MWp of solar projects in Brazil. According to the agreement, within the next two years, the companies will develop a...
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March 31, 2023
Vestas to equip 1.3 GW Brazilian wind projects
Vestas has signed a deal with Casa dos Ventos for two projects in Brazil, which will have a combined capacity of 1.3 GW. Vestas will supply, install, operate, and maintain 168 V150-4.5 MW turbines for...
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