Solar Complex

Atlas Renewable Energy secures US$181 million financing for 505 MW Draco Solar Complex in Minas Gerais, Brazil

July 31, 2025

Atlas Renewable Energy has secured approximately US$ 181 million in financing from BNDES for the development of the 505 MW Draco Solar Complex in Minas Gerais, Brazil. The complex will consist of 11 photovoltaic plants, capable of powering around 569,000 homes, and is expected to begin operations in early 2026. The project also includes the […]

Ceará advances renewable energy with 250 MW Arapuá solar complex

February 28, 2025

Ceará is making a major move toward sustainable energy with the construction of the 250 MW Arapuá solar complex. The state’s legislative assembly is set to sign a service order for the project, reinforcing Brazil’s commitment to expanding its renewable energy infrastructure. Source: Renewables Now

Vale announces that its 766 MWp solar complex in Brazil is now fully operational

August 3, 2023

Brazilian mining company Vale SA announced that its 766-MWp solar power complex has reached full commercial operation. The complex consists of 17 solar parks and required a total investment of US$626 million. Source: Renewables Now 

BNB in Brazil approved a loan for US$80 to support the construction of a 213 MW solar complex in the northeast

November 17, 2022

Banco do Nordeste approved a loan for US$80 million to support the development of the 213 MW Caldeirao solar complex in northeast Brazil. Ibitu Energias will provide an additional US$61 million for the project. Source: Renewables Now