Description

Brazil

Business ID: L#20260979

Brazil is considered a global leader in renewable energy, largely due to its abundant natural resources. The country has a high share of renewables in its electricity mix compared to most nations. According to recent data:

• Renewables account for ~83% of Brazil’s electricity generation.

• Hydropower dominates (~60-65% of total electricity), followed by wind, solar, and biomass.

• Brazil’s energy policy strongly promotes diversification and clean energy development.

PROJECT DESCRIPTION

Environmental feasibility approval for the Photovoltaic Complex I to III, consisting of three (3)electricity generation units:

• I Solar Plant – 40 MW
• II Solar Plant – 40 MW
• III Solar Plant – 30 MW
Total installed capacity: 110 MWp. The project will occupy approximately 78.10 hectares

MAIN ENVIRONMENTAL CONDITIONS (Summary)

Regulatory & Legal Compliance

•  Full compliance with Brazilian environmental legislation, including the Forest Code, CONAMA resolutions, ABNT standards, and state regulations.
• Obligation to update and correct CAR (Rural Environmental Registry) records.
• Requirement to obtain the Installation License (LI) prior to construction
• Separate environmental licensing required for transmission line, substation, external access roads,and construction site.

Environmental Protection

• Absolute prohibition of intervention in Permanent Preservation Areas (APPs) and Legal Reserve areas.
• Obligation to restore degraded vegetation using native species.
• Creation of ecological corridors.
• Fauna and flora monitoring programs, including endangered species protection.
• Rescue and monitoring programs during vegetation suppression.
• Continuous environmental monitoring throughout the project lifecycle

Technical Requirements Before Installation License (LI)

• Executive engineering design.
• Drainage system design and hydrological studies.
• Shapefiles of all project components.
• Climate impact assessment.
• Cumulative and synergistic impact assessment.
• Detailed Environmental Programs Report (RDPA).
• Proof of legal water use rights.
• IPHAN clearance.
• Fauna capture authorizations.
• Updated land ownership and lease documentation

Social & Community Obligations

• Implementation of social impact mitigation measures.
• Engagement with local authorities and communities.
• Support to local employment.
• Programs supporting traditional communities.
• Requirement for Free, Prior and Informed Consultation (FPIC/CLPI) during LI phase.

Compensation Measures
• Obligation to propose the creation of a Conservation Unit (UC) or Environmental Easement (Servidão Ambiental).
• The compensatory area must be equal to or greater than the project’s directly affected area.

VALIDITY
This license is valid for five (5) years from the date of acknowledgment by the interested party. Project implementation is only permitted after issuance of the Installation License and other applicable permits

The Preliminary License (LP) from the environmental agency (IDEMA) is expected to be issued in January 2026.
In accordance with the LP requirements, the executive project documentation will then be submitted to apply for the Installation License (LI).
The target is to achieve full Ready-to-Build (RTB) status by the end of H1 2026.