On June 13, Chint New Energy and Atlas Renewable Energy, a world-renowned renewable energy investment company, officially signed a 700MW strategic cooperation agreement. The signing ceremony was held at the Chint New Energy booth at the SNEC exhibition.
The two parties reached a high degree of consensus on in-depth cooperation in the Brazilian market and will work together in trade cooperation such as photovoltaic projects, modules, and cells to accelerate the development of Brazilian photovoltaics and jointly build a clean energy market.
Atlas Renewable Energy Strategic Procurement Director Iris Wu, Quality Management Director Yanyee, Strategic Procurement Director Patrick, Procurement Manager Angel Yoldi, Chint New Energy Chairman and President Dr. Lu Chuan, Chief Marketing Officer Zhang Wei, and International Sales General Manager He Lin participated in the signing ceremony.
Founded in 2017, Atlas Renewable Energy was once the largest private independent power producer (IPP) in Latin America. Today, as a world-renowned renewable energy investment company, Atlas has developed, built and operated more than 19GW of renewable energy power worldwide.
Atlas has long been an important business partner of Chint New Energy in Brazil, and the cooperation between the two parties covers Brazil. After the signing of this agreement, Chint New Energy will leverage its advantages in high-efficiency photovoltaic module products to supply 700MW of photovoltaic modules to Atlas Renewable Energy for clean energy development, construction and operation in the Brazilian market. The two parties will join forces and empower each other to promote resource interconnection, actively explore more cooperation opportunities, and jointly create green economic value.
Over the past decade, Brazil's solar power generation has shown an astonishing growth momentum. From an installed capacity of only 8MW in 2013, it has reached 34.9GW by the end of 2023, and exceeded 40GW at the end of March this year. Brazil's photovoltaic power generation has achieved more than 4,300 times growth in the past decade, making it the country with the largest installed capacity of photovoltaic power generation in Latin America.
Iris Wu said that as the first echelon of global photovoltaic components, Chint New Energy has always driven industrial development with technological innovation. It has also cooperated with Atlas dozens of times and achieved good results. It is believed that through this cooperation, the two parties will better integrate their own advantages and jointly develop the Brazilian market.
Previously, Chint New Energy won the bid for Atlas Renewable Energy's 902MW Vista Alegre photovoltaic power station project in Brazil, supplying it with 454MW ASTRO N5 components. This project is also the largest TOPCon project landed by Chint New Energy in Brazil.
In April this year, Chint New Energy signed a contract with Atlas Renewable Energy again to supply 316MW ASTRO N7 series components for the Luiz Carlos project, which will be shipped in July.
Lu Chuan said that Brazil is an important strategic market for Chint New Energy. As a leading enterprise that has been deeply involved in the Latin American market, especially the Brazilian market, Atlas has obvious strength. The cooperation with Atlas has undoubtedly injected more powerful impetus into the development of Chint New Energy. This is not only a recognition of Chint New Energy's technical capabilities, but also a firm commitment of both parties to jointly empower customers and promote the sustainable development of the photovoltaic industry chain.
Based on this agreement, the two parties will continue to deepen cooperation in Brazil and surrounding markets in the future, jointly promote green energy technologies, and promote the transformation and upgrading of the global energy structure.
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