EDF Renewables do Brasil signs a protocol of intent with the Government of the Brazilian state of Paraiba to expand its Serra do Serido wind project with an installation of 237.5 MW. The company will invest US$208 million in the expansion. Source: Financial Eye News
The Brazilian development bank (BNDES) will focus on infrastructure projects but seeks smaller stakes in each to distribute capital to more projects. They are also trying to attract private sector banks to this non-recourse project finance model. Source: BNAmericas
Shell Energy Brazil is investing around US$1.5 billion to develop five PV power plants in Brazil, including a 2.1 GW solar park in Minas Gerais. Source: Renewables Now
Embraer SA, the Brazilian aerospace company, signed a PPA guaranteeing that 100% of the electricity the company needs in Brazil will come from renewable sources. Source: Renewables Now
Brazil has awarded a combined capacity of around 947.9 MW in renewable power supply contracts. The contracts represent more than US$1.5 billion in future investments. Source: Renewables Now
Portugal’s GALP is looking to Brazil to expand its renewables portfolio. The company doubled its global clean energy investments after purchasing a 4.8 GW project pipeline. Source: Clean Energy News
