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
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
