Shell Commits to RE Investments Worth $565 M in Brazil by 2025 Updated On Fri, Sep 24th, 2021 by Saurenergy Anglo-Dutch energy giant Royal Dutch Shell has committed to invest 3 billion reais ($565 million) by 2025 in renewable energy in Brazil, for which it has launched a new division, Shell Energy Brazil, in the country. Most of the capex is related to solar energy projects, Reuters reported executives as saying. The head of renewable development […] Read more
Solar Americas Plans to Deliver 2 GW Commercial PV in Brazil by 2026 Updated On Mon, Sep 20th, 2021 by Saurenergy Solar Americas Capital is launching to bring upwards of 2GW of solar power in partnership with progressive corporations across Brazil by 2026, said the company. The company will cofound, identify, build and manage the solar assets for commercial partners, drawing on over 25 years of experience working in the Brazilian, solar and finance markets, added the firm. The […] Read more
Wind Farms in Brazil’s Northeast Hit New Peak Generation Record, Again! Updated On Mon, Jul 12th, 2021 by Saurenergy The Brazilian Northeast wind parks generated their peak —11,548 MW — at 23:56 local time on July 8, according to data from the National Electric System Operator (ONS). The volume produced by wind parks accounted for 99.2% of the regional need. This is the second time the region has broken its generation record this month. The previous […] Read more
Renesola to Achieve 200MW Brazil Shipment in 2021 Updated On Thu, May 20th, 2021 by Saurenergy ReneSola (backed by Zhongnan Industry) is a world reputed Solar PV Module manufacturer announced that they have won 35MW and 110MW module supplies in the Brazilian market and is expected to achieve 200MW in Brazil, 2021. Despite the severe impact of COVID-19, Brazil PV market has maintained a relatively stable growth trend. The installed capacity […] Read more
Atlas Secures Finance for 359 MW Solar Project in Brazil Updated On Fri, May 7th, 2021 by Saurenergy Atlas Renewable Energy, a leading renewable energy company in the Americas, announced today that it has obtained a USD 150 million loan from IDB Invest, a member of IDB Group, and from DNB Bank ASA (the largest financial services group in Norway) to finance the construction of its Lar do Sol – Casablanca project, a 359MWp solar project to be […] Read more
Vestas Wins 212 MW Order in Brazil, Surpasses 5 GW in Order Intake of 4.2 MW Turbines in the Country Updated On Fri, May 7th, 2021 by Saurenergy Vestas has signed a new agreement with Omega Energia for the 212 MW Assuruá 4 project, located in the cities of Gentio do Ouro and Xique-Xique, in Bahia. The order includes 47 V150-4.2 MW wind turbines delivered in 4.5 MW Power Optimised Mode as well as a 10-year Active Output Management 5000 (AOM 5000) service […] Read more
Chinese Consortium to Invest and Finance 1.1 GW Solar Farm in Brazil Updated On Thu, Apr 29th, 2021 by Saurenergy The consortium of CDIL & CMEC have entered into a development agreement for the EPC and financing of a 1.1 GW solar project in Brazil The consortium of China Development Integration Limited (CDIL) and China Machinery Engineering Corporation (CMEC) has announced that they have entered into a development agreement in relation to the EPC+F (engineering, […] Read more
Ahead of Sunset On Brazil’s Solar Subsidies, Developers Race to Secure Projects Updated On Thu, Apr 22nd, 2021 by Saurenergy Brazil, which has disappointed as a market for solar so far, is preparing to bring a new law, passed in March 2021, that will end the country’s transmission network price subsidy. Since only those projects which have been registered with the electricity industry regulator ANEEL by March 2022 will benefit from the soon-to-be scrapped subsidies, […] Read more
Fortescue and EIG-Backed Companies Sign MoU to Develop Green Hydrogen Plant in Brazil Updated On Wed, Mar 17th, 2021 by Saurenergy EIG, a leading institutional investor to the global energy sector, and Prumo Logística S.A. (“Prumo”), a private Brazilian company controlled by EIG, today announced the signing of a Memorandum of Understanding (“MoU”) between Prumo’s subsidiary, Porto do Açu Operações S.A. (“Port of Açu” or the “Port”), and Fortescue Future Industries Pty Ltd (“FFI”). FFI is […] Read more
