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Brazil's state of Goias has approved a 450-MWp solar complex project, the Barro Alto Photovoltaic Complex, to be built in a 500-hectare area in Vila Propicio. The project is estimated to cost around BRL 1.3 billion and is expected to be operational by the end of the year.The solar farm will help power projects of Newave Energia, a company focused on providing renewable energy to customers, with the excess energy being sold in Brazil's free market. This approval is a significant step towards increasing renewable energy capacity in Brazil and reducing reliance on fossil fuels. What is the significance of Brazil's approval of the Barro Alto Photovoltaic Complex? The approval of the Barro Alto Photovoltaic Complex in Brazil is significant as it represents a major step towards increasing the country's renewable energy capacity. The complex is expected to have a capacity of 150 MW, which will contribute significantly to Brazil's goal of increasing the share of renewable energy in its energy mix. The approval of the complex also demonstrates Brazil's commitment to reducing its carbon footprint and combating climate change. The Barro Alto Photovoltaic Complex will create job opportunities and stimulate economic growth in the region where it is located. The complex will help diversify Brazil's energy sources, reducing its dependence on fossil fuels and increasing energy security.

invest USD 3 billion in a project to produce green hydrogen and ammonia in the Brazilian state of Ceara. The project will be implemented at the Pecem industrial and

rooftop and other distributed generation PV projects continued to retreat in Brazil from January to June according to a report produced by Brazilian

Brazil's power sector regulator, Aneel, has revoked the authorizations for three solar projects totaling 215 MW. The decision affects the deployment and operation of these renewable energy initiatives, which were initially planned to contribute significantly to the country's solar capacity.The revocation underscores regulatory challenges in Brazil's renewable energy sector, potentially impacting investor confidence and future solar developments. The affected projects were part of Brazil's broader strategy to increase its renewable energy footprint, and their cancellation may have implications for the country's energy transition goals. Why Did Aneel Revoke Authorizations for 215 MW of Solar Projects in Brazil? Non-compliance with regulatory requirements: The projects may have failed to meet specific regulatory or technical standards set by Aneel. Delays in project timelines: Significant delays in the development or construction phases could have led to the revocation. Financial or funding issues: Inadequate financial backing or failure to secure necessary funding might have contributed to the decision. Environmental or land use concerns: Potential environmental impacts or disputes over land use could have played a role. Changes in government policy: Shifts in energy policy or priorities may have influenced the decision to revoke authorizations. Lack of progress or inactivity: Prolonged inactivity or lack of progress in project development might have triggered the revocation. Legal or contractual disputes: Ongoing legal issues or disputes with contractors or stakeholders could have affected the projects. Impact on grid stability: Concerns about the integration of these projects into the national grid and their impact on stability might have been a factor.

week, Brazilian renewable energy company Elera Renovaveis announced an agreement with Spanish telecommunication company Telefonica SA to supply 237 MWp of solar

Brazil's Ministry of Mines and Energy has released guidelines for renewable energy tenders to be held in December 2024. The auctions, known as A-4 and A-6, will contract hydro, wind, solar photovoltaic (PV), and thermal power, including expansion of existing plants and hybrid solutions. Hydropower scheme capacities are limited to 50 MW.The tenders will award power purchase agreements (PPA) with terms of 20 years for hydro under the A-6 tender and 15 years for other sources in both A-4 and A-6. A-4 power supply is set to begin on January 1, 2028, while A-6 is scheduled for January 1, 2030. Investors and interested parties can submit projects for registration through the Electric Energy Generation Enterprises Monitoring System (AEGE) tool. What are the guidelines for Brazil's renewable energy tenders in December 2024? The renewable energy tenders in December 2024 in Brazil will include auctions for hydro, wind, solar photovoltaic (PV), and thermal power projects. The auctions, known as A-4 and A-6, will also allow for the expansion of existing plants and hybrid solutions. Hydropower scheme capacities are limited to 50 MW for the tenders. Power purchase agreements (PPA) awarded through the tenders will have terms of 20 years for hydro projects under the A-6 tender and 15 years for other sources in both A-4 and A-6. The A-4 power supply is expected to begin on January 1, 2028, while the A-6 power supply is scheduled for January 1, 2030. Investors and interested parties can submit their projects for registration through the Electric Energy Generation Enterprises Monitoring System (AEGE) tool.

in debt financing to support the 300-MW Ciranda Solar Power Cluster in Brazil. The cluster consists of Ciranda Phase I and Ciranda Phase II, which were

(around US$610 million), and the developer has managed to clinch finance from Brazil’s Banco Nacional de Desenvolvimento Econômico e Social (BNDES) and Banco do

to supply solar energy to Dow Inc from the Casablanca Solar Energy Complex in Brazil. The complex has a capacity of 358 megawatts and is part of Atlas's focus on

of a binding agreement to acquire a 1200 MW progressed solar growth project in Brazil, which will be targeted for completion in early 2023. Roughly 75 percent of

projects. Furthermore, it will considerably expand Nebras's reach within Brazil and will strengthen our portfolio and regional ambitions in Latin America,"

on the environment Coema. The Kuara Solar Complex is being developed by Brazilian energy firm Omega Energia SA (BVMF: MEGA3) in the municipalities of Aracati

has established a management setting in bioenergy throughout Brazil as well as we're delighted to assist the company add to its comprehensive

Brazilian solar market appears not to have been substantially slowed down by the Covid-19 dilemma, according to a new report from Brazil-based working as

Brazilian polycarbonate material business Braskem has actually concurred a 20-year power acquisition arrangement (PPA) to acquire solar energy from a big range PV plant French renewables developer Voltalia will certainly construct in Brazil. The project is a growth of 2 functional solar plants which have a complete generation ability of 32 MW in the state of Rio Grande do Norte. Voltalia created the Serra do Mel I as well as II solar ranches under Brazil's public auction system for huge range renewables. Building of the intended 238 MW development of the website is intended to start in the 2nd fifty percent of the year, with conclusion set up for the very first fifty percent of 2022. Via the brand-new generation capability, Voltalia will certainly additionally offer power to various other huge commercial customers, consisting of Brazilian utility Copel, through 10 to 20-year PPAs. A current research by Brazilian working as a consultant Greener claimed around 3.2 GW of unsubsidized solar project ability was allowed for industrial procedure and also at a sophisticated phase of advancement in the nation. In June in 2014, power supply bargains were being discussed in between programmers and also power off-takers associated with some 2 GW of unsubsidized solar project ability, according to Rodrigo Sauaia, CEO of Brazilian solar power organization ABSOLAR.