Atlas Renewable Energy and Votorantim Cimentos inked a 15-year PPA, committing to 100 MW solar energy. The Luiz Carlos Solar Project in Paracatu, Minas Gerais, will contribute 470 MW to Votorantim Cimentos, covering roughly a third of its national energy needs. This move supports Votorantim Cimentos’ facilities in South, Southeast, and Midwest Brazil, impacting about 424,000 homes. The project reinforces Atlas Renewable Energy’s role in corporate renewable solutions.
Atlas Renewable Energy boosts Votorantim’s green initiatives with solar PPA
Votorantim Cimentos’ investment portfolio gains strategic strength through the role of the Luiz Carlos Solar Project, ensuring competitiveness and growth. Image Credit Atlas Renewable Energy.
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)