Atlas Renewable Vitality has signed an unprecedented 21-year energy buy settlement (PPA) with Albras, the most important aluminum producer in Brazil. It’s the longest company renewables PPA ever signed in Latin America.

From pv journal Brazil

Atlas Renewable Vitality has signed a PPA with Albras, Brazil’s largest major aluminum producer. The contract, signed in US {dollars}, will see Atlas provide solar energy for 21 years, the longest time period ever signed in Latin America for a company renewable vitality PPA.

The vitality provided to Albras will come from the Vista Alegre Photovoltaic Venture, scheduled to start out operations in 2025. The partnership between Atlas and Albras will generate sufficient renewable vitality to energy the equal of roughly 3 million inhabitants, similar to Brazil’s capital Brasilia.

“This is a crucial step for Atlas as we proceed our give attention to partnering with company prospects to assist their vitality transition to scrub vitality,” stated Carlos Barrera, CEO of Atlas Renewable Vitality. “The closing of our second contract with Albras attests to our means to offer a lovely tailor-made vitality resolution for our prospects.”

Atlas Renewable Vitality has greater than 4 GW of contracted initiatives, of which 2.2 GW are in operation. The corporate specializes within the growth, financing, development, and operation of renewable vitality initiatives within the Americas since early 2017. In November 2022, the corporate switched on a 300 MW photo voltaic venture in Mexico.

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