Brazil - New Energy Events

Brazil is gearing up to issue its first sovereign green bond
February 1, 2023
According to Sustainable Fitch, Brazil can count on solid demand from investors when they place their first sovereign green bond. Source: Latin Finance
BNDES approves loan of US$655.8 million to support the development of 1.5 GW of wind and solar energy projects in Bahia and Minas Gerais
January 18, 2023
BNDES approves US$655.8 million loan to support the development of the 846-MW Serra do Assurua and 423-MW Novo Horizonte wind complexes, and the Boa Sorte solar photovoltaic (PV) complex in Bahia and Minas Gerais. Source: Renewables Now
Minas Gerais becomes the first state in Brazil to reach 4 GW of generation from PV sources
January 5, 2023
The state of Minas Gerais in Brazil is the first in the country to reach 4 GW of generation from photovoltaic sources. Source: PV Magazine LATAM
Brazil’s Pecem Industry and Port Complex signs contracts to build a green hydrogen and ammonia plant
December 8, 2022
Brazil’s Pecem Industry and Port Complex, and Brazilian developers Casa dos Ventos Energias Renovaveis and Comerc Eficiencia, will begin construction on a green hydrogen and ammonia plant with up to 2.4 GW of electrolysis capacity. Source: EnergyNews.biz
Equinox will start construction on its 531 MW solar project in Brazil
December 8, 2022
Equinox will begin construction on its 531 MW Mendubim solar project in Brazil. The project’s total investment cost is US$430 million. Source: Renews.Biz
The 766 MW Sol do Cerrado solar park, located in Brazil, has started generating power
December 8, 2022
The 766 MW Sol do Cerrado solar park, located in Minas Gerais, started generating power in four of its 17 sub-farms. The solar park, comprised of 1.4 million solar panels, cost a total of US$590 million to develop. Source: Renewables Now
Enel Americas will invest US$5 billion into the region, with most of the investments going to Colombia and Brazil
December 8, 2022
Enel Americas is investing US$5 billion in the Latin American region with most of the investments going to Colombia and Brazil. They will exit Peru and Argentina in 2023 to focus on countries that are “more advanced” in their energy transition. Source: Renewables Now
Brazilian energy company, Auren Energy, commenced operations at a 409 MW wind complex in Piaui and Pernambuco
December 8, 2022
Auren Energy started operations at the 409 MW Ventos do Piaui II and III Wind Complex in northeastern Brazil. The company invested a total of US$395.7 million into the wind complex. Source: Renewables Now
Brazilian pharmaceutical company, Eurofarma, will procure electricity from Omega Energia’s 211.5 MW wind project
November 17, 2022
Omega Energia, will supply electricity from the 211.5 MW Assurua 4 wind project to the Brazilian pharmaceutical company, Eurofarma. Source: Renewables Now