Casa dos Ventos has entered into a 10-year Power Purchase Agreement (PPA) with Lightsource bp for the 210 MWp Milagres solar photovoltaic project located in Abaiara, in the state of Ceará, Brazil.
The construction of the project has begun and is scheduled to be operational in early 2024. Once commissioned, the project is expected to reduce carbon emissions by 246,216 tons annually.
Country updates
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May 27, 2022
Omega Energia signs 10-year PPA with Brazilian unit of 3M
Omega Energia has signed a long-term Power Purchase Agreement (PPA) with 3M through its local subsidiary in Brazil. The 10-year PPA will commence in 2023 and aims to decarbonize the operation o...
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May 25, 2022
Casa dos Ventos issues BRL49 million for the 534 MW Rio do Vento wind project in Rio Grande do Norte
Casa dos Ventos has issued a BRL430 million (US$88.11 million) in green bonds to finance the expansion of the 534 MW Rio do Vento wind project in Rio Grande do Norte, Brazil. The wind complex has an i...
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May 18, 2022
Soltec to supply solar trackers for the 83 MW solar PV project in Minas Gerais
Soltec has secured a contract to supply solar trackers for the 83 MW solar photovoltaic project located in the Minas Gerais region, Brazil. The project is owned by Mercury Renew, Solat...
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May 11, 2022
Terna sells LatAm transmission portfolio to CDPQ
Terna S.p.A., Terna Plus S.r.l., and Terna Chile S.p.A. (collectively "Terna Group") have signed an agreement with Caisse de dépôt et placement du Québec (CDPQ) for the sale of 100...
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May 11, 2022
Engie Brazil to acquire 882 MW Serra do Assurua wind project in Bahia
Engie Brasil Energia SA's board of directors have approved the purchase of development rights for the 882 MW Serra do Assurua wind project in Bahia. Engie Brasil will pay BRL265 million (US$52 millio...
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