North American giant makes its second investment in Latin America in renewable energy. The first was in a project in Chile
Brazil continues to draw the attention of foreign investment and will now have a wind farm by the North American company and multinational Atlas Renewable Energy. The company purchased a project for the city of Juramento, in Minas Gerais, with capacity to generate up to 378 MW, which was managed by Voltalia, from France. This new project will bring development to Brazil and further stimulate the production of renewable energy in the national territory.
This large wind farm, located in the municipality of Juramento, has an impressive fleet of 63 wind turbines that together add up to an estimated total generation capacity of 1.650 GWh of clean energy per year. That would be enough to supply renewable energy to more than 800 homes. In addition, this large project also contributes to offsetting the emission of greenhouse gases. It is the second project acquired in Latin America, the first was in Chile in May 2022.
Understand a little more about the future of wind farms and renewable energy from wind in Brazil, with the video below.
The purchase is essential to diversify the renewable energy matrix in Brazil, reinforcing production in wind farms
This is the first wind project acquired by Atlas Renewable Energy in Brazil and the second in Latin America and promises great progress and diversification in the national energy matrix, contributing to the advancement of renewable energy.
“With Juramento, we continue to expand and diversify our product offering in all regions where we operate. This project is currently available to any major energy consumer looking for a power purchase agreement (PAC) to transition from conventional to renewable energy sources.”
Luis Pita, General Manager of Atlas Renewable Energy Brasil (2022) in a statement
The structure of the deal will be reviewed and finalized by the Administrative Council for Economic Defense (CADE) in the coming weeks. The company also pointed out that there is no CCE in force for the city of Juramento and it is open to any buyer looking for renewable energy in Brazil.
Atlas Renewable Energy has already done other deals in Brazil, with solar power plants in Bahia
Although it is the first wind farm project in Brazil, it's not the first deal closed with the North American company. After all, in July 2020, Atlas Renewable Energy had already signed a CCE for the solar power plant in Jacaranda, Bahia, focused on solar energy with the materials science company Dow in Brazil, for a period of 15 years.
This plant was responsible for supplying energy to the Dow company and has more than 450 solar modules, capable of supplying up to 187 MW and offsetting carbon emissions.
After all, who is Atlas Renewable Energy?
A Atlas Renewable Energy is a large US-based multinational whose focus is on providing renewable energy to the Americas. It has solid experience with solar energy and became the first generator validated by the Totum Institute, with the capacity to generate credits. This recognition is done through a certification stating that the company in question agrees with some of the main Sustainable Development Goals of the United Nations.
Now the company is entering new areas of activity, such as wind energy. The purchase of this new project benefits both parties and will bring Brazil a greater capacity to harness wind and produce renewable energy.
