Latin Americas leading renewable energy company Atlas Renewable Energy in partnership with Dow a material science company announced the signing of a large-scale solar energy contract in Brazil. The project is expected to supply over 440GWh per year that will mostly be used to serve Dow under a 15-year duration contract.
- The clean energy supply will be through the Jacaranda photovoltaic solar plant, located in Juazeiro, the State of Bahía.
- The Jacaranda solar plant will have an installed capacity of 187MWp with more than 450,000 modules.
- The plant will generate enough energy to supply a sizable part of Dow’s Aratu Site’s energy needs.
In March 2020, Atlas Renewable Energy, along with British mining company Anglo American Plc, a leading global mining company, announced the signing of the largest solar energy purchase and sale contract in Brazil with an investment of 881 Million Brazilian Reals. The clean energy supply will be through the Atlas Casablanca photovoltaic solar plant, located in the State of Minas Gerais.
In August 2019, Atlas Renewable Energy signed a long-term contract for the sale of solar energy with Engie Energía Chile, adding a new plant to take part of the countrys clean energy transition. The PPA will supply 550 GWh/year with solar energy during a 15-year tenor.
About Atlas Renewable Energy
Atlas Renewable Energy, headquartered in Miami, Florida, the USA, is a leading renewable energy company. The company develops, builds, and operates renewable energy projects with long-term energy contracts across Latin America. Atlas Renewable Energy is part of the Energy Fund IV, founded by Actis, a leading private equity investor.