The Spanish auto parts maker, Gestamp Automocion SA signed an agreement with Cemig to acquire 100% renewable energy for its facilities in Brazil, a supply equivalent to 79.2 GWh. Source: Renewables Now
Banco do Nordeste approved a loan for US$80 million to support the development of the 213 MW Caldeirao solar complex in northeast Brazil. Ibitu Energias will provide an additional US$61 million for the project. Source: Renewables Now
The Brazilian Development Bank (BNDES) approved a loan extension of US$8.4 million to CRI GEO Biogas for the implementation of a 2.15 MW biogas plant in San Paulo. Source: Renewables Now
The state of Minas Gerais in Brazil and Invest Minas authorized an agreement between CGN Brasil Energia e Participacoes and mining company, Sul Americana de Metais for the development of an 800 MW solar park in the region. The project requires around US$554 million in investment. Source: Renewables Now
Amazon is expanding its renewable energy portfolio with 71 new renewable projects worldwide with 2.7 GW of capacity. This includes their first clean energy project in South America, a 122 MW solar farm in Brazil. Source: Power-Technology
