Scatec ASA has commenced commercial operations of the 142 MW Rio Urucuia solar power plant in Minas Gerais, Brazil. This project expanded Scatec’s Brazilian installed capacity to 835 MW. The project operates under a 10-year […]
Equinor has commenced commercial operations at its first hybrid power project in Brazil, combining 140 MW of solar capacity with 223 MW of wind capacity at the Serra da Babilônia site in Bahia. The solar […]
The Inter-American Development Bank (IDB) has approved a $67 million financing package for Banco do Nordeste do Brasil S.A. (BNB) to boost renewable energy integration from Brazil’s Northeast region into the national grid. The funding […]
Scatec ASA has reached financial close for its 142 MW Rio Urucuia solar project currently under construction in Minas Gerais, Brazil. The non-recourse project financing includes $27 million from Banco de Nordeste do Brasil, covering […]
Fotowatio Renewable Ventures (FRV) has partnered with Envision to develop the H2 Cumbuco green ammonia project located at the Port of Pecém, Brazil. Envision has been selected for its expertise in integrated renewable energy systems, […]
Atlas Renewable Energy has secured a roughly BRL 1 billion ($179 million) financing package from Brazil’s National Bank for Economic and Social Development (BNDES). The financing is for the construction of the Draco Solar Complex, which is […]
The World Bank has approved an operation to support the green hydrogen strategy of Pecém Industrial and Port Complex Company (CIPP) and the Government of Ceará. CIPP is located in Ceará, in Northeastern Brazil, and […]
ENERGO-PRO has inked an agreement to purchase the large hydropower plant Baixo Iguaçu situated in Brazil. This hydropower plant has a total capacity of 350 MW. The Baixo Iguaçu plant was constructed in 2019 on […]
ENGIE Brasil Energia has inked an agreement for the acquisition of two hydropower plants. These are the Santo Antônio do Jari hydropower plant situated in the states of Amapá and Pará and the Cachoeira Caldeirão […]
Neoenergia, the Brazilian subsidiary of Iberdrola, has sold the Baixo Iguaçu hydroelectric power plant to EDF and STOA. Iberdrola through Neoenergia controlled 70 per cent of the hydroelectric power plant which is located in Paraná. […]
Voltalia has inked a 940 MW maintenance contract with COPEL Get, a subsidiary of COPEL. This is a five-year agreement and covers a total installed capacity of 940 MW in the Brisa Potiguar, Cutia and […]
Port of Açu Operações (Port of Açu) and Yamna Co Ltd (Yamna) have inked a land reservation agreement for the development of a green ammonia project. This agreement is inked for a new hub for […]
Recurrent Energy has obtained $70 million in project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil. The 152 MWp Jaiba III project will receive funding over […]
Scatec ASA, together with its partners Hydro Rein (part of Norsk Hydro ASA) and Equinor ASA, has announced the supply and production of electricity from the Mendubim solar plant in the state of Rio Grande […]
Denham Sustainable Infrastructure (DSI) has established a new renewables player Pontal Energy in Brazil. This was followed by the transaction with Equinor for the sale of certain Rio Energy assets, the Rio Energy trade name, […]
Engie Brasil Energia SA has inked an agreement to purchase solar power plants in Brazil with an overall installed capacity of 545 MW from Atlas Renewable Energy. Reportedly, Engie will acquire Atlas Energia Renovavel do […]
The European Investment Bank (EIB) has provided a $213 million loan to Sicredi, a cooperative financial institution in Brazil, for solar energy initiatives. With the funding, Sicredi will install solar photovoltaic panels in Brazilian rural […]
Vestas, a Danish wind turbine manufacturer, has received a 1.3GW order from Casa dos Ventos, a Brazilian green projects developer. The wind turbines will be installed at two wind farms: the 756MW Serra do Tigre […]
The Ministry of Petroleum & Natural Gas has reported that Brazil, India, and the US are leading biofuel producers and consumers and will work together during the next few months towards the development of a […]
Iberdrola, a Spanish energy company, has announced that it will construct its first floating PV facility in Brazil. Iberdrola’s subsidiary, Neoenergia, will construct the solar project at the Xaréu dam on the island of Fernando […]
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