Atlas Renewable Energy Secures First Dollar Financing for Brazilian Solar Energy Project with IDB Invest and DNB Bank

Written by Valdemar Medeiros

Published on 26/10/2020 at 13:44

Painéis de energia solar em parque brasileiro

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The Market Leader in Renewable Energy – Atlas Renewable Energy Secured Its First Funding for a Large Solar Project in Brazilian Soil

Atlas Renewable Energy, together with IDB Invest and DNB Bank, announced that it has secured a loan of 67 million dollars for investment in solar energy projects in Brazil, one of which is the Jacarandá solar power plant.

67 Million Dollars Invested in the Jacarandá Solar Power Plant

The Jacarandá solar plant will have an installed capacity of 187 MWp and will feature more than 450,000 modules. It will generate enough energy to meet a considerable part of the energy needs of the Aratu plant, owned by Dow.

According to the average consumption of a Brazilian family, the amount of energy generated would be sufficient to supply a city of 750,000 inhabitants.

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About Atlas Renewable Energy

Atlas Renewable Energy arises from the motivation of an experienced team with a well-known and successful track record in renewable energy, along with the support of the Actis Group, an investor and global leader in the industry responsible for generating over 14.5 GW across various projects worldwide.

A perfect combination that has been recognized since the beginning for its high standards in the development, construction, and operation of large-scale renewable energy projects.

Atlas Renewable Energy Secures First Dollar Financing for Brazilian Solar Energy Project with IDB Invest and DNB Bank

The Market Leader in Renewable Energy – Atlas Renewable Energy Secured Its First Funding for a Large Solar Project in Brazilian Soil

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67 Million Dollars Invested in the Jacarandá Solar Power Plant

About Atlas Renewable Energy

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Atlas Renewable Energy Secures First Dollar Financing for Brazilian Solar Energy Project with IDB Invest and DNB Bank

The Market Leader in Renewable Energy – Atlas Renewable Energy Secured Its First Funding for a Large Solar Project in Brazilian Soil

Also Read

67 Million Dollars Invested in the Jacarandá Solar Power Plant

About Atlas Renewable Energy

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

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Brazil went to China to seek money and technology to reinvent TV and bring the internet to places where fiber does not reach. The mission negotiated with the BRICS Bank led by Dilma and paved the way for a Chinese rival of Starlink to connect the Amazon.

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