Brazil

Neoenergia SA launches its first renewable energy hybrid complex in Brazil

March 31, 2023

Neoenergia SA launched its first renewable energy hybrid complex, a combination of solar and wind farms totaling 600 MW. The project in located in the northeastern state of Paraiba and integrates the 471.2-MW Chafariz wind park and the 149.2-MWp Neonergia Luzia solar plant connected to the same substation and transmission line. Source: Renewables Now

Creral and Mil Engenharia begin operation at a 1.2 MWp floating solar power plant in Minas Gerais

March 31, 2023

The Brazilian cooperative, Creral, and local engineering firm, Mil Engenharia, began operation at the Veredas Sol e Lares plant, a 1.2 MWp floating solar power plant in Minas Gerais. The project was set up on Santa Marta lake hydropower plant. Source: Renewables Now

EDP Renovaveis SA plans to build a 123 MW wind park in Brazil

March 31, 2023

EDP Renovaveis SA is planning to build a 123 MW wind park in Brazil’s northeastern Paraiba state. The project will cost a total of US$266.2 million and will feature 21 wind turbines. Source: Renewables Now

Río de Janeiro releases strategic plan for energy transition projects and decarbonization

March 17, 2023

The Brazilian State of Río de Janeiro released its strategic plan for energy transition and decarbonization projects. They have committed to the development of energy transition and decarbonization to promote the development in the region. Source: Estrategia

EDP Brasil is looking for potential hydrogen clients

March 17, 2023

EDP Brasil is currently looking for potential clients for its planned green hydrogen projects. They opened their first green hydrogen plant in January at the Pecém industrial port complex in Ceará state. Source: BNAmericas

Brazilian electricity company, Copel, announces call for R&D projects for low-carbon hydrogen from biomass & biofuels

March 2, 2023

Copel, the Brazilian electricity company, launched a public call for R&D projects for new technologies related to the production of low-carbon hydrogen. The projects must fit into at least one of the four lines of research defined in the call which are production, distribution, storage, and applications. Source: PV Magazine LATAM

BNDES approved a US$2.2 million loan in additional funding to Albioma Codora Energia for the development of a a new biogas production line at an existing facility

March 2, 2023

The Brazilian Development Bank (BNDES) approved a US$2.2 million loan to help fund a new biogas production line at an existing facility in Goianesia, Goias state. The new financing is an additional loan to Albioma Codora Energia, all of which will cover 83% of the total cost of the project. Source: Renewables Now 

Brazil is gearing up to issue its first sovereign green bond

February 1, 2023

According to Sustainable Fitch, Brazil can count on solid demand from investors when they place their first sovereign green bond. Source: Latin Finance 

BNDES approves loan of US$655.8 million to support the development of 1.5 GW of wind and solar energy projects in Bahia and Minas Gerais

January 18, 2023

BNDES approves US$655.8 million loan to support the development of the 846-MW Serra do Assurua and 423-MW Novo Horizonte wind complexes, and the Boa Sorte solar photovoltaic (PV) complex in Bahia and Minas Gerais. Source: Renewables Now