CHINT group subsidiary Astronergy has entered into a supply contract with Atlas Renewable Energy for 80MW PV modules.

The solar modules are for an 80MW Sol do Futuro solar power project located in Aquiraz, in the state of Ceará, Brazil, which is being developed by Atlas Renewable Energy and slated for delivery by the second quarter of 2018.

Astronergy CEO Dr Lu, Chuan said: “With the Belt and Road Initiative and the promising global solar market, we are paying more attention to emerging markets in South America, especially Brazil.

“Atlas is quite professional in developing PV projects and we would like to establish a long-term and strategic partnership with them.”

The Brazilian Government has set a target to increase the installed PV capacity in the country from 2015 to 2024 by 67GW.

Atlas Renewable Energy CEO Carlos Barrera said: “Atlas Renewable Energy aims to continue developing and investing in high-quality projects across Latin America.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

We are selective in choosing suppliers to work with and we seek to establish robust relationships that are enduring. We are pleased to work with Astronergy on this exciting Sol do Futuro project.”

Astronergy has 3,500MWp of PV power stations and 2,500MWp module production capacity.
Atlas Renewable Energy has over 600MW in contracted projects in operation, construction or advanced development stages and over 1GW in early-stage projects.