Tag: Draco Solar Complex

Nine units of Draco solar complex in Brazil begin operations 

Brazil’s Ministry of Mines and Energy has announced that nine plants at the Draco solar complex have commenced commercial operations. Located in Arinos, Minas Gerais, the project forms part of the New Growth Acceleration Programme (Novo PAC) of the Brazilian government. The complex represents an investment of over R$ 2.4 billion and is designed to supply electricity to more than 500,000 homes.

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Atlas Renewable Energy secures financing for 505 MWac Draco solar complex in Spain

Atlas Renewable Energy has secured a roughly BRL 1 billion ($179 million) financing package from Brazil’s National Bank for Economic and Social Development (BNDES). The financing is for the construction of the Draco Solar Complex, which is situated in Minas Gerais, Brazil. The solar complex will consist of 11 photovoltaic power plants with a combined installed capacity of 505 MWac.

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