Atlas Renewable Energy has signed a solar power purchase agreement (PPA) with Albras, the largest primary aluminium producer in Brazil.
Under the US dollar contract, Atlas will supply solar-generated power to Albras for 21 years from the 902MW Vista Alegre Photovoltaic Project, with operations expected to start in 2025.
The plant will be located in the state of Minas Gerais.
“This is an important step for Atlas as we continue our focus to partner with corporate customers to support their energy transition to clean energy,” said Atlas Renewable Energy’s chief executive Carlos Barrera.
“The closing of our second contract with Albras attests to our ability to provide a compelling tailored energy solution to our customers. Furthermore, it offers predictability to the energy management of our customers looking to achieve their sustainability goals.
“The scale and term of this deal underscores Atlas’ ability to address the needs of large energy consumers with reliability of execution, while fostering best in class ESG programs in line with their values.”
Atlas is promoting diversity and inclusion within the renewable energy sector by training local women in technical skills and mobilising its contractors to include them in their recruiting process, aiming to reach more than 15% of female representation within the construction of the plant.