Bolt Energy has closed a long-term contract with CGN Brasil Energia e Participações, an arm of China General Nuclear Power Group (CGN) for the 15 MW power supply of renewable energy for over five years.
The BRL90 million (US$16.6 million) deal involves the purchase of wind energy by Bolt from the Lagoa do Barro wind farm in Piauí, more specifically from the Lagoa do Barro IX Renewable Energies and Lagoa do Barro X Renewable Energies projects.
Atlantic Energias Renovaveis, the developer of the 195 MW Lagoa do Barro wind complex, is acquired by China's CGN Energy International Holdings Co Ltd in 2019.
Country updates
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November 25, 2020
Canadian Solar signs PPA for a total of 862 MW solar projects in Brazil
Canadian Solar Inc. has signed a power purchase agreement (PPA) with BTG Pactual and it was awarded two projects in a private auction by Furnas Centrais Elétricas for a total of 862 MWp in sola...
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November 17, 2020
Neoenergia starts the construction of the 566.5 MW Oitis wind farm complex in Piaui and Bahia
Neoenergia SA has started the construction of its 566.5 MW Oitis wind complex located in Casa Nova town, Bahia state, Brazil. Oitis wind complex is made up of 12 wind parks and consists of about 103...
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November 03, 2020
BNDES to provide BRL1.1 bn for 505 MW solar project development in Brazil
The Banco Nacional de Desenvolvimento Economico e Social (Development Bank of Brazil) is set to provide up to BRL1.1 billion (US$195.7 million) of loans to support the development of two solar project...
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November 03, 2020
Atlas Renewables secures construction fund for 187 MWp solar PV project in Juazeiro
Atlas Renewable Energy has obtained a US$67 million loan from IDB Invest, and from DNB Bank ASA (Norway) to finance the construction of Jacaranda, a 187 MWp solar project being developed by Atlas Rene...
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October 26, 2020
Enel starts operation of 96 MW Sao Goncalo 5 and 6 solar projects
Brazilian electric regulatory agency Agência Nacional de Energia Elétrica (ANEEL) has allowed the start of commercial operation of the two solar projects that are part of the 60...
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