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Brazilian companies A2 Empreendimentos and Solarmine are set to install 38.5 MW of solar parks in the state of Minas Gerais. The initiative, named Projeto Triangulo, will see a total investment of BRL 140 million in 11 solar parks with individual capacities of 3.5 MW each, spread across various municipalities in the state.Once operational, the solar parks are expected to generate enough clean electricity to meet the demand of around 38,000 local homes. The projects in the municipalities of Prata, Ituiutaba, Capinopolis, and Paracatu are scheduled to be completed by December 2024, with plants in Uberaba and Conceicao das Alagoas to follow by July 2025 and July 2026, respectively. What is the expected capacity and timeline for the Projeto Triangulo solar parks in Minas Gerais? The expected capacity of the Projeto Triangulo solar parks in Minas Gerais is 38.5 MW. The total investment for the initiative is BRL 140 million. There will be 11 solar parks with individual capacities of 3.5 MW each. The solar parks are expected to generate enough clean electricity to meet the demand of around 38,000 local homes. The projects in the municipalities of Prata, Ituiutaba, Capinopolis, and Paracatu are scheduled to be completed by December 2024. The plants in Uberaba and Conceicao das Alagoas are expected to be completed by July 2025 and July 2026, respectively.

Brazil's Superintendency for the Development of the Northeast (Sudene) has approved a BRL 109 million (USD 18.9 million/EUR 17.5 million) loan package to support four solar projects by EDP Renovaveis Brasil. These projects have a combined capacity of 181.1 MW, contributing to the country's renewable energy expansion.The funding aims to bolster solar energy infrastructure in Brazil's Northeast region, aligning with national goals for sustainable energy development. EDP Renovaveis Brasil, a subsidiary of EDP Renovaveis, is expected to enhance its renewable energy portfolio, promoting economic growth and energy diversification in the region. How will Sudene's loan impact EDP Renovaveis Brasil's solar projects and regional energy goals? The loan will enable EDP Renovaveis Brasil to accelerate the construction and deployment of the four solar projects, ensuring timely completion and operational efficiency. It will contribute to increasing the installed solar capacity in Brazil's Northeast, a region with high solar irradiance, optimizing the use of natural resources. The funding supports regional energy goals by reducing dependency on fossil fuels and promoting cleaner energy sources, aligning with Brazil's commitment to reducing carbon emissions. The projects will create job opportunities during the construction and operational phases, stimulating local economies and providing skills development in renewable energy technologies. By enhancing the renewable energy portfolio, EDP Renovaveis Brasil will strengthen its market position and competitiveness in the Brazilian energy sector. The successful implementation of these projects could attract further investments in renewable energy in the Northeast, fostering a sustainable energy ecosystem. The loan aligns with Sudene's mission to promote economic and social development in the Northeast, addressing regional disparities and supporting infrastructure improvements. The increased solar capacity will contribute to energy diversification, enhancing grid stability and resilience against energy shortages or price fluctuations.

Brazil took into operation 507.8 MW of wind, solar as well as hydropower generation capacity in April, power market regulatory authority Aneel revealed on Monday.

Brazilian energy company Omega Energia SA (BVMF: MEGA3) has actually entered into clear-cut agreements with neighborhood firm Apolo Administracao de Recursos Ltda to create a new solar power-focused holding firm.

Brazilian renewable energy firm Echoenergia Participacoes SA has actually commenced the building and construction works with the very first phase of a 351.1-MW solar photovoltaic (PV) complex in Bahia state.

1 totally operational, the total centralised solar generation capacity in the Brazilian electrical power mix has risen by 8%, Eneva claimed. At the beginning of

Albioma hired Watt Capital, an economic advising company being experts in Brazilian renewable resource financial investments as well as financing. Albioma

(AEDAS) and obtained financing from the research and development program of Brazilian utility Cia Energetica de Minas Gerais SA (BVMF: CMIG4), much better known

Brazil's power field regulatory authority Aneel accepted on Tuesday the continuing to be winning projects from the A-5 tender held on October 14, 2022, for a combined solar capacity of 100 MW.

The Brazilian Development Bank, or BNDES, introduced on Wednesday that it authorised the provision of funding for concerning 144 MW of dispersed generation (DG) solar projects.

team Solar Outdoor Media as well as Brazilian company Quinta Solar Energia signed memoranda of understanding (MoUs) that will underpin their commitment to

under lasting power acquisition agreements (PPAs) with off-takers such as Brazilian renewables designer Casa dos Ventos as well as independent energy trader

Norwegian state-owned power business Statkraft AS has obtained approval for 227.5 MW of solar projects from Brazilian power sector watchdog Aneel.

Brazil's power field regulator Aneel accepted on Tuesday 457.5 MW of winning renewable resource projects from the A-5 tender held on October 14, 2022.

Actis-- authorized a US$ 190 million handle mining large Anglo American in Brazil, promoted as the nation's "biggest" PV power offer to day. In very early