Atlas Renewable Energy and Unipar sign a solar energy PPA for 239 MW plant in Brazil
Post date: 20/07/2021 - 09:38
US project developer Atlas Renewable Energy along with chemical company Unipar announced the signing of a large-scale solar energy power purchase agreement (PPA) in Brazil. The clean solar energy supply will be generated through Atlas Renewable Energy's »Lar do Sol – Casablanca II« photovoltaic plant located in Pirapora, State of Minas Gerais. The solar plant will be developed, built and operated by Atlas Renewable Energy.
The facility which occupy about 700 hectares, will have an installed capacity of 239 MW with 460,000 bi-facial modules delivered by an unnamed manufacturer. The PV system is expected to generate enough energy to supply two of Unipar´s factories, located in Brazil.
Adding this project, Atlas' expanding footprint in the Brazilian market comprises a total of 6 large-scale solar plants amounting to over 1 GW. The current company portfolio across the Americas is 2.35 GW of contracted projects in development, construction, or operational stages, and aims to expand by an additional 5 GW in the next years. Atlas Renewable Energy is part of the Energy Fund IV, founded by private equity investor in the energy sector Actis.