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the region, following the development of a 360 MW hybrid project in Sao Paulo, Brazil. According to EDPR, the project is expected to create up to 800 direct and

Brazil's Raizen SA has agreed to sell 115.4 MWp of distributed generation (DG) solar plant projects to Elis Energia for up to BRL 700 million. The deal involves 31 DG solar park projects and is set to be completed by December 2025. The money will be paid as the projects are developed and built by Raizen Energia before being transferred to the buyer.The transaction supports Raizen's portfolio recycling strategy, value creation, and debt reduction. It is subject to approval by the Brazilian antitrust regulator CADE. Elis Energia will acquire the small solar system in Brazil as part of the agreement with Raizen. How will Raizen SA's sale of solar projects impact Brazil's solar industry? The sale of 115.4 MWp of distributed generation (DG) solar plant projects by Raizen SA to Elis Energia will bring in up to BRL 700 million, which will be invested in the development and construction of the projects. This transaction will support Raizen's portfolio recycling strategy, value creation, and debt reduction, allowing the company to focus on other areas of its business. The sale of these solar projects will contribute to the growth of Brazil's solar industry, as Elis Energia will take over the development and operation of the DG solar park projects. Elis Energia's acquisition of these solar projects will increase its presence in the Brazilian solar market, potentially leading to further investments and developments in the sector. The completion of this deal is subject to approval by the Brazilian antitrust regulator CADE, ensuring compliance with competition laws and regulations in the country.

Brazilian state of Piaui and China's SPIC have inaugurated the 446-MWp first stage of the Marangatu Solar Complex, capable of powering 550,000 local homes

at 1,587 MW, according to information from ONS. Generally, ONS estimates that Brazilian solar plants will be able to produce enough power to account for 2.3% of

with the supply of solar power, the PV project will contribute to Brazil's 2030 sustainable growth goal and also create a chance for students from

Brazil's National Advancement Bank (BNDES) has authorized BRL 1.47 billion (USD 277.8 m/EUR 227.5 m) in financing to sustain the building and construction of the 700-MW Janauba solar complex owned by a regional device of Canada's Brookfield Asset Management (TSE: BAM.A).

transaction requires approval by both collections of investors and from Brazil's antitrust authority CADE. The merger is attended be applied by April 14,

Brazilian natural gas and also power company Eneva SA (B3: ENEV3) has protected a loan to fund the growth as well as construction of the 870-MWp Futura 1 solar photovoltaic (PV) project.

in the second fifty percent of 2022. The business, which operates as the Brazilian subsidiary of Spain's Iberdrola SA (BME: IBE), stated that in the initial 6

Brazilian electrical power distributor Energisa SA (BVMF: ENGI11) revealed just recently that it has actually gotten the consent from power sector regulator Aneel to turn on 70 MWp of solar power plants.

The state council on the atmosphere of the Brazilian state of Ceara (Coema) authorized recently 3 solar photovoltaic or pv (PV) projects with an integrated capacity of 2,142 MW.

create some 1,600 DG solar arrays in residencies as well as regional firms in Brazil's North region, particularly in the Amazon. In all, this pilot project need

after the company received authorization from its shareholders and the Brazilian antitrust regulator CADE. According to the preliminary procurement

38.7 m) offer through subsidiary Ares 2 Participacoes SA with selling parties Brazilian investment bank Banco BTG Pactual SA (BMVF: BPAC11) and US-based renewables

function vehicles that possess the solar farms. The selling celebrations are Brazilian firm Genesys Participacao Societaria Ltda as well as entrepreneur Antonio