GreenYellow has sold 23 photovoltaic solar plants to Athon Energia, enhancing Athon's capacity and market presence in Brazil's growing solar energy sector.

Target Information

Founded in 2007, GreenYellow (GY) is a leading French multinational company specializing in decentralized energy transition, operating in over 15 countries. With a global investment exceeding €2 billion in photovoltaic solar energy and energy efficiency, the company boasts an installed capacity of over 1.7 GWp and around 1,700 solar plants. In Brazil, where it has been operating for more than a decade, GreenYellow is recognized as a key player in the solar distributed generation market, with around 80 photovoltaic assets in operation or under construction across 16 states.

Industry Overview

Brazil possesses a rapidly growing solar energy sector, with government incentives and a strong shift towards renewable energy sources driving development. The country’s vast sunlight exposure coupled with declining technology costs has made solar energy an attractive option for both residential and commercial users. As the demand for clean and sustainable energy sources rises, Brazil's market for distributed generation solar is expected to expand significantly, providing numerous opportunities for investments.

Furthermore, the Brazilian government has implemented regulations that support the expansion of renewable energy, enhancing the market conditions for businesses involved in the solar sector. These favorable policie