Pioneering project in Canguçu will use blockchain technology to democratize investment in renewable energy
The state of Rio Grande do Sul will be home to the largest tokenized solar power plant in Brazil. Developed by the HCC Energia Solar Group, the project will occupy a area of about five hectares in Canguçu and will have a capacity of 3,5 MWp, enough to supply 1.200 homes, according to the website Economiasc.
Investment of R$ 13 million for a sustainable future
With an total investment of R$13 million, the plant will be based on the shared-use distributed generation system, also known as subscription solar energy. This model allows consumers to have access to solar energy, even without installing panels in their homes, offering discounts on energy bills.
Token financing: innovation in the energy market
A portion of the funding for the project comes from the trading of tokens, which are digital assets traded through Liqi, a company specializing in blockchain infrastructure. These tokens give investors a share of the profits generated by the plant, making the fundraising process more agile and democratic. Half of the investment was financed by the HCC Group itself, while the other half came from the sale of these tokens.
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“This type of investment, besides being more democratic and profitable, offers the security of fixed income and allows companies in the sector to obtain financing for the construction of plants more quickly than through conventional means”, highlights Luiz Wagner, director of HCC Engenharia, responsible for the development and execution of the project.
Operation scheduled for the end of the year
Construction work on the plant began in March and operations are expected to begin by the end of this year. The energy generated will be fed into the local utility grid, converting into discounts for the plant's subscribers. Part of the profit obtained from the sale of energy will be distributed among investors who acquire the tokens, strengthening the return on investment.
A new milestone for renewable energy in Brazil
Combining the Blockchain technology innovation with the growth of solar energy, the HCC Group project promises to be a milestone in the democratization of access to renewable energy in the country. The tokenized solar plant in Canguçu not only boosts the renewable energy sector in Brazil, but also opens up new opportunities for investors interested in sustainable and high-impact assets.