Atlas Renewable Energy and Votorantim Cimentos have signed a Brazilian power purchase agreement (PPA) to supply and purchase, respectively, 100MW of solar Project, located in the municipality of Paracatu, Minas Gerais, Brazil.
Atlas' Luiz Carlos Solar Project, situated in Paracatu, Minas Gerais, will be the source of the generated power, boasting an installed capacity of 787 MW. Votorantim Cimentos is set to receive nearly two-thirds of this capacity (470 MW) through a 15-year agreement. The solar energy supplied under this arrangement will cater to the energy requirements of Votorantim Cimentos' plants and distribution centers situated in the southern, southeastern, and midwestern regions of Brazil.
Country updates
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November 30, 2023
MoU signed for green hydrogen project in Ceara state
The government of Brazil's Ceara state has signed a memorandum of understanding (MoU) with Grupo Jepri for the development of a green hydrogen project in the northeastern state. The consortium intend...
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November 10, 2023
Financing close announced for 630 MW Combined cycle gas turbine Power plant in Brazil
New 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.
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October 05, 2023
Construction completed for Lar do Sol and Casablanca solar plants in Brazil
Atlas Renewable Energy has completed the construction of two PV plants– the Lar do Sol and the Casablanca facilities situated in Pirapora, Minas Gerais, Brazil. The combined capacity...
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August 30, 2023
Brazil relaunched USD2.05 billion Climate Fund
The 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.
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August 18, 2023
Rio Grande do Norte sign MoU for 1,043.5 MW solar, wind complex for green hydrogen
The government of Brazil's Rio Grande do Norte state has signed a memorandum of understanding (MoU) with Maturati Participacoes SA to develop a green hydrogen production initiative that will be linked...
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