BNDES (National Bank for Economic and Social Development) approved and contracted financing of R$ 156 million for the GreenYellow implement 16 solar power plants in 13 cities in nine states in the Central-West, South, Southeast and North regions of the country.
The project began operations in the second half of 2024 and aims to expand clean energy generation through GD (distributed generation), with resources coming from Finem (R$ 126 million) and the Climate Fund (R$ 30 million).
In total, the plants have a total installed capacity of 31 MWAC and are located in the municipalities of Matrinchã (GO), Costa Rica (MS), Canarana (MT), Américo de Campos (SP), Guaíba (RS), Venâncio Aires (RS), Santa Cruz do Sul (RS), Mondaí (SC), Alto Paraná (PR), Goianésia (GO), Itacoatiara (AM), Iranduba (AM) and Balsas (MA).
According to Marcelo Xavier, president of GreenYellow in Brazil, the project marks a strategic advance for the expansion of the company's solar energy business unit in the country.
“This investment, which has a direct impact on the infrastructure sector, is in line with the company’s plan to use its extensive expertise to guarantee high-quality assets and robust delivery,” said the executive.
According to BNDES, the set of plants will contribute to the advancement of the national energy infrastructure and reinforce the role of distributed mini-generation in the diversification of the Brazilian electricity matrix.
“This project will prevent the emission of 844 thousand tons of CO2 equivalent over the 30-year useful life (of the installed photovoltaic systems),” explains BNDES president Aloizio Mercadante.
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