Brazil's National Development Bank (BNDES) has granted the BRL216.7 million (US$41.5 million) loan of Casa dos Ventos Energias Renováveis for the development of a 63 MW wind project that is part of the 534 MW Rio do Vento wind power complex in Rio Grande do Norte.
The Santa Martina 9 is being developed by Ventos de Santa Artur Energias Renovaveis SA, a special purpose entity of Casa dos Ventos Energias Renováveis for a total investment of BRL284.8 million (US$56.55 million).
Once operational, the project can generate enough energy to power up to 130,000 homes. The project is expected to commence operation by 2022.
Country updates
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June 08, 2021
Elecnor wins EPC contract 359 MW solar project in Brazil
Elecnor has been awarded the construction of Lar do Sol-Casablanca photovoltaic solar complex in the Brazilian city of Pirapora, in Minas Gerais.
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June 02, 2021
V2I Energia closes acquisition of 49% stake in 26 MW Eólica Mangue Seco 1 from Petrobras
Petrobras has concluded the sale of the totality of its 49% interest in Eólica Mangue Seco 1 – Geradora e Comercializadora de Energia Elétrica S.A. (Eólica Mangue Seco 1) to...
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May 26, 2021
Nextracker to supply solar trackers for 766 MW Solar project in Brazil
Vale S.A. has chosen Nextracker to supply its NX Horizon bifacially optimized smart solar trackers for the Sol de Cerrado solar project in Minas Gerais, Brazil.
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May 20, 2021
IER secures approval for 182 MW solar project in Ceara
The State Council for the Environment (Coema) of Ceara has granted approval of the Environmental Impact Study (EIA) for the development of a 182 MW solar photovoltaic project. The Nov...
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May 17, 2021
Financial close of US$150 million achieved for 359 MW solar project in Brazil
Atlas Renewable Energy has obtained a US$150 million loan to finance the construction of its Lar do Sol – Casablanca project, a 359 MWp solar project located in Minas Gerais, Brazil.
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