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
AES Brasil signed a pre-contract with the Pecem Complex to look into the feasibility of manufacturing and selling up to 2 GW of green hydrogen and 800,000 tons of green ammonia annually. Source: Renewables Now
Lightsource bp will receive US$80 million in debt financing from Banco do Brasil through the Northeast Development Fund to fund its Milagres Solar Project. Source: PV Magazine LATAM
Spain’s Soltec connected its first PV plant in Brazil. The plant, which has a capacity of 112.5 MW, saw investment of around US$81.1 million. Source: Renewables Now
Neoenergia SA unveiled its plans to build an offshore wind project and green hydrogen project in Brazil’s Rio Grande do Sul state. They recently signed an MoU to carry out studies to promote clean energy technologies within the state. Source: Renewables Now
EDP Brazil sold its 198 MW Mascarenhas hydroelectric facility to Victory Hill Global Sustainable Energy Opportunities (GSEO), the London-listed investment company, for US$235 million. Source: Renewables Now
According to the IFC, based on a report by the Sustainable Banking Network (SBN), Brazil, Colombia, and Mexico are leading the way in promoting sustainable finance in the Latin American region. Source: America Economia
