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Brazil

  • BRDE supports renewable energy projects in Brazil’s Parana State with a US$3.8 million credit line

    February 15, 2024

    Brazil’s Regional Bank for the Development of the Far South, or BRDE has approved a US$3.8 million credit line to bolster renewable energy initiatives in the Cornelio Procopio municipality, Parana state. Initially, the funds will be allocated to installing solar panels on public buildings, aiming to slash electricity costs. Source: Renewables Now

  • Auren Energy commences commissioning of 100.6 MW segment in Brazil’s Sol de Jaiba solar park

    February 1, 2024

    Brazilian energy firm Auren Energy has initiated the commissioning process for a 100.6 MWp segment of the 629.9 MWp Sol de Jaiba solar park, situated in Jaiba, Minas Gerais. Representing one of Brazil’s largest photovoltaic plants, the Jaiba project is expected to require investment of around US$407 million. The project is slated for commercial operation […]

  • BNDES approves loan of US$648.5 million for the construction of a 553.5-MW wind complex

    January 19, 2024

    BNDES loaned Ventos de Santos Antonio Comercializadora de Energia SA US$648.5 million to support the development of a 553.5-MW wind complex in the Brazilian state of Bahia. Source: Renewables Now 

  • The Government of Ceará signs MoU with bp for the development of green hydrogen at the Pecém Industrial and Port Complex

    January 19, 2024

    The Government of Ceará and bp signed an MoU to develop the production of green hydrogen and its derivatives at the Pecém Industrial and Port Complex (CIPP).   Source: Ceara.gov

  • Sudene loans US$20.4 million to solar power producer for the development of a 40 MW project in the Minas Gerais state of Brazil

    January 4, 2024

    Brazil’s Superintendency for the Development of the Northeast (Sudene) loaned solar power producer, Jaiba CE Energias Renovaveis, US$20.4 million to support the development of a 40 MW solar power project in the northern region of Minas Gerais state. Source: Renewables Now 

  • Brazil and the UK sign a bilateral agreement to partner on the development of a green hydrogen hub

    December 21, 2023

    The governments of Brazil and the UK have signed a bilateral agreement to jointly develop a green hydrogen hub, known as the Brazil-UK Hydrogen Hub. The partnership is designed to catalyze investments in low-carbon hydrogen, allowing Brazil to enhance its capabilities in this emerging sector. Source: Renewables Now 

  • Amazon announces plans for its first large-scale wind park in the Brazilian state of Rio Grande do Norte

    November 26, 2023

    Amazon announced plans to develop a 49.5 MW wind park in the Rio Grande do Norte state of Brazil. The project will be part of a larger wind complex developed by Brazilian renewable energy company Elera Renovaveis. Source: Renewables Now 

  • The Brazilian state of Ceara awards preliminary license for Green Hydrogen Hub at the Pecem Industrial and Port Complex (CIPP)

    November 9, 2023

    The superintendency of environment in the Brazilian state of Ceara awarded a preliminary license for the Green Hydrogen Hub at the Pecem Industrial and Port Complex (CIPP) to aid in accelerated set up for companies within the complex. Source: Renewables Now 

  • BNDES is set to loan São Paulo US$497 million for the purchase of electric buses

    October 27, 2023

    The National Bank for Economic and Social Development (BNDES) approved a loan for US$497 million to fund the purchase of between 1,000 and 1,300 new electric buses in São Paulo Source: Rio Times Online

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