Atlas Renewable Energy, one of the largest and fastest-growing independent power producers in Latin America, has secured a record-breaking loan from the Brazilian development bank (BNDES) to build the Vista Alegre Solar Plant. With an installed capacity of 902 MWp, this solar plant will play a significant role in the energy transition, producing clean energy and preventing millions of tons of CO2 emissions. In addition, Atlas Renewable Energy is committed to promoting sustainable development and empowering local communities through its innovative social programs. Let's dive into the details of this groundbreaking project and its positive impact on the environment and society.
Atlas Renewable Energy: Leading the Way in Renewable Power
Learn about Atlas Renewable Energy's role as a leading independent power producer in Latin America and their commitment to renewable energy.
Atlas Renewable Energy is an international renewable energy generation company that has established itself as one of the largest and fastest-growing independent power producers in Latin America. With over 4 GW of contracted projects, including the upcoming Vista Alegre Solar Plant, Atlas Renewable Energy is at the forefront of the energy transition.
The company's focus is on helping large corporates make the transition to 100% clean energy, and they have a deep and long-standing track record in sustainable development and ESG practices. Through their innovative projects and partnerships, Atlas Renewable Energy is driving positive change in the renewable power sector.
Vista Alegre Solar Plant: A Game-Changer in Brazil
Discover the impressive features and environmental impact of the Vista Alegre Solar Plant, the largest solar project in Brazil.
The Vista Alegre Solar Plant is set to be a game-changer in Brazil's renewable energy landscape. With an installed capacity of 902 MWp, it will produce an average of 200 MW or 2TWh annually, contributing significantly to the country's clean energy goals.
Not only will the plant generate a substantial amount of renewable energy, but it will also prevent 2.4 million tons of CO2 emissions during its 20-year operation. This is equivalent to producing enough power to supply over 3 million people, making a significant positive impact on the environment.
The project is being developed by Atlas Renewable Energy in collaboration with Albras, and it will supply electricity to Albras for 21 years through a power purchase agreement (PPA). The Vista Alegre Solar Plant represents a major milestone in Brazil's renewable energy sector and sets a new standard for large-scale solar projects in the country.
BNDES: Financing the Future of Renewable Energy
Learn about the Brazilian development bank (BNDES) and their crucial role in supporting renewable energy projects like the Vista Alegre Solar Plant.
The Brazilian development bank, BNDES, plays a vital role in financing renewable energy projects in Brazil. They have recently granted Atlas Renewable Energy a record-breaking loan of USD 447.8 million for the construction of the Vista Alegre Solar Plant, the largest renewable energy loan in the bank's history.
This financial support from BNDES demonstrates their commitment to promoting clean energy and advancing the energy transition in Brazil. The loan will not only contribute to the development of the Vista Alegre Solar Plant but also stimulate the growth of the renewable energy sector in the country.
Sustainable Development and Community Empowerment
Explore Atlas Renewable Energy's commitment to sustainable development and their innovative social programs that empower local communities.
Atlas Renewable Energy is dedicated to incorporating sustainable development practices into their projects. The Vista Alegre Solar Plant will implement the best ESG practices in the industry, ensuring that environmental, social, and governance factors are prioritized throughout its construction and operation.
In addition, Atlas Renewable Energy has launched several impactful social programs. Their 'We are all part of the same energy' initiative promotes diversity and inclusion by upskilling local women and increasing their participation in renewable energy projects. The award-winning Ed-Mundo program focuses on training young students in programming, IT, robotics, and entrepreneurship, creating opportunities for social transformation and economic growth in underprivileged communities.
