Brazil

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

Fuella AS plans major green hydrogen project in Brazil, backed by Allianz Capital Partners

August 15, 2024

Norwegian renewable energy company, Fuella AS, supported by Allianz Capital Partners, is planning a green hydrogen project in Brazil. The company has secured land at the Port of Acu in Rio de Janeiro and plans to make a final investment decision within four years on a 400,000-ton-per-year green ammonia plant. Source: Bloomberg

Equatorial Energia’s 350 MW solar plant in Brazil begins full operation

August 1, 2024

Brazilian energy company Equatorial Energia SA announced that its 350 MW Barreiras I Photovoltaic (PV) plant in northeast Brazil achieved full commercial operation. Source: Renewables Now