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BNDES approves R$1 billion for Brazilian solar

August 05,2025

Brazilian Development Bank approves R$1 billion for 505 MWac Brazilian Solar Projects

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The Brazilian Development Bank (BNDES) approved a R$1 billion loan for Atlas Renewable Energy to build the Draco Solar Complex in Arinos, Minas Gerais. Comprising 11 photovoltaic plants with 505 MWac capacity, it will supply power to industrial clients via self-production agreements, not residential users.

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