Brazil to invest USD 70m in solar power for Amazon region

Solar panels. Image by: DTE Energy.

April 23 (Renewables Now) - The Brazilian Ministry of Mines and Energy (MME) will initially invest BRL 386 million (USD 70.3m/EUR 58.5m) to supply clean energy to isolated communities in the Amazonian archipelago of Marajo.

This initial agreement will benefit 50,000 people that live in the municipalities of Curralinho, Melgaco and Portel, in the state of Para, through electricity transmission networks and solar energy generation systems, MME announced this week.

This first phase is expected to be completed by December 2022, through the Eletrificacao Rural and the Mais Luz para a Amazonia (MLA) programmes, in partnership with local utility Equatorial Para Distribuidora de Energia SA (BVMF:EQPA5).

Officially launched in February 2020, the MLA programme has a target of supplying solar energy to 70,000 families in remote areas of the Legal Amazon region. In addition to Para, eight additional states make up that region -- Acre, Amapa, Amazonas, Mato Grosso, Rondonia, Tocantins and Maranhao.

(BRL 1.0 = USD 0.182/EUR 0.152)

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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