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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.

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 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.

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.

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

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.

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,

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.