RZK Energia lands financing for solar DG, Brazil.

Renewables developer RZK Energia has secured financing from Banco do Nordeste (BNB) for a portfolio of distributed solar projects in Brazil. The R$150 million ($27.6m) funding will support the development of seven projects in the north east region, with a total installed capacity of 45MW. These projects are expected to be operational by the end of 2025. RZK Energia currently has 28 solar projects in operation in Brazil and has recently announced an additional 13 solar plants in partnership with FIT Energia. These new plants, representing an investment of over R$200 million, are also scheduled to come online by 2025. [Extracted from the article]