Brazil

Atlas Renewable Energy secures US$181 million financing for 505 MW Draco Solar Complex in Minas Gerais, Brazil

July 31, 2025

Atlas Renewable Energy has secured approximately US$ 181 million in financing from BNDES for the development of the 505 MW Draco Solar Complex in Minas Gerais, Brazil. The complex will consist of 11 photovoltaic plants, capable of powering around 569,000 homes, and is expected to begin operations in early 2026. The project also includes the […]

Brazil’s Federal District to build 10 MWp solar plant

July 9, 2025

Brazil’s Federal District State Education Secretariat has partnered with utility CEB to build a 10 MWp solar power plant, requiring an investment of US$7.3 million. Scheduled to begin construction by year-end, the plant is expected to generate 20 GWh annually—enough to power approximately 400 public schools, or 60% of the district’s total. Source: Renewables Now

Sudene approves US$18.9 million loan for 181.1 MW solar projects in Northeast Brazil

April 10, 2025

Brazil’s development agency Sudene has approved an US$18.9 million loan from its Northeast Development Fund for four EDP Renováveis solar projects totaling 181.1 MW in Rio Grande do Norte. Source: Renewables Now

ENERGO-PRO acquires 350 MW Baixo Iguaçu hydropower plant

March 27, 2025

Czech energy company ENERGO-PRO has signed an agreement to acquire the 350 MW Baixo Iguaçu hydropower plant in Brazil for over US$269.5 million, marking the largest Czech investment in Latin America. Once regulatory approvals are complete, Baixo Iguaçu will become ENERGO-PRO’s largest energy asset, boosting its total installed capacity to 1,850 MW. Source: Renewables Now

Itaipu Binacional launches 2.5 MW solar plant on rehabilitated land in Cascavel, Paraná

December 6, 2024

Itaipu Binacional has inaugurated a 2.5 MW photovoltaic plant in Cascavel, Paraná, built on a former garbage dump, as part of a project to rehabilitate degraded areas. With a total investment of over US$1.9 million, the plant will power part of the local electric bus fleet and provide energy to municipal public buildings, contributing to […]

Neoenergia to invest US$52.2 million in renewable energy project for Fernando de Noronha

November 21, 2024

Neoenergia SA, a Brazilian utility company, announced an investment of US$52.2 million to expand renewable energy use in Pernambuco’s Fernando de Noronha archipelago through its Noronha Verde initiative. The project will include a solar photovoltaic (PV) plant with battery storage, set to begin operations in early 2027. Source: Renewables Now

Brazil invests US$1.09 billion in clean hydrogen hubs

October 10, 2024

Brazil is investing approximately US$1.09 billion to establish clean hydrogen hubs aimed at decarbonizing hard-to-abate industries. This initiative is part of a collaboration with the Climate Investment Funds (CIF) involving 15 industrialized nations. Source: Fuel Cells Works

HIF Global launches first Brazilian project for 800,000 tons of e-methanol production from green hydrogen

October 10, 2024

HIF Global has announced its inaugural project in Brazil, aiming to produce up to 800,000 tons of e-methanol annually from green hydrogen. The project will require about 160,000 tons of renewable hydrogen generated from approximately 1.6 GW of electrolysers and 1.12 million tons of captured CO2. Source: Hydrogen Insight

Brazil’s Sudene approves US$27.6 million loan for solar projects by EDP Renovaveis Brasil

September 26, 2024

Brazil’s Superintendency for the Development of the Northeast (Sudene) has approved a US$27.6 million loan for two solar projects developed by EDP Renovaveis Brasil, with a combined capacity of 98 MW. Source: Renewables Now