Suzano SA, a Brazilian pulp and paper producer, has signed a 50 MW power purchase deal through a Contract for the Sale of Energy in the Regulated Environment with distribution concessionaires Cemig, Light SA, and Neoenergia´s Coelba.
The purchase deal will be sourced from a portion of the estimated surplus power generation of the 180 MW Cerrado solar photovoltaic project located in Ribas do Rio Pardo in the State of Mato Grosso do Sul, Brazil.
The deal was closed at a tariff of BRL315 (US$66.26) per MWh for the period of January 2026 to December 2045.
Country updates
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May 31, 2022
Lightsource BP signs PPA for the 210 MWp Milagres solar project in Abaiara
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, Braz...
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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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