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Billionaire investment will allow the construction of 20 solar energy parks in Minas Gerais later this year

Written by Kelly
Published 05/08/2020 às 16:14
construction of a solar energy complex in Minas Gerais
Solar energy park/ Image: Disclosure

The investments will provide a clean and renewable matrix through the construction of a solar energy complex in Minas Gerais

In Minas Gerais, a major investment in the solar energy market was established by the company Brookfield Energia Renovável with the Spanish multinational Solatio. The contract signed between the companies will allow the construction of 20 solar parks in the state.

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The investment value is R$ 3 billion for the construction of a solar complex that will occupy an area of ​​more than 3 thousand hectares in the city of Janaúba, Minas Gerais. The installed capacity of the complex is 1,2 GWp by Brookfield Energia Renovável.

Construction work is expected to start in 2020 and it is estimated that completion will be in 2022 or 2023. In all, there will be 20 solar energy parks, in the final stages of development, which should supply approximately 1,2 million homes in Minas Gerais.

The contract between the companies for a solar energy complex in Minas Gerais is subject to the usual closing conditions, and should be finalized by the fourth quarter of 2020, according to a statement to Portal Solar.

About Solatio Solar Energy

With more than 20 years of experience in the photovoltaic sector and with more than 120 projects in Europe, Solation has been in Brazil since 2009 and is the largest developer of solar energy projects in Latin America.

It has more than 6 GW developed, being the most competitive in the market in all the respective sectors: ACR (Regulated Contracting Environment), ACL (Free Contracting Environment – ​​Free Market) and GD (Distributed Generation).

At the end of last year, the company announced that it would invest BRL 21 billion by 2023 in solar power plants in Minas Gerais. “The idea was to produce 6.430 MW over the next four years, equivalent to the power of the Itaipu Binacional hydroelectric plant,” he said.

Braskem signed a long-term agreement with Canadian Solar, enabling the construction of a solar plant in the state of Minas Gerais

Braskem announced to the Brazilian market another long-term contract for the purchase of renewable energy, this time with Canadian Solar Inc., one of the largest solar companies in the world. The agreement makes the construction of a power plant in the north of Minas Gerais feasible and guarantees Braskem's energy supply for 20 years. Learn more here.

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Kelly

Petroleum Engineer specialist in Energy Efficiency and postgraduate in Civil Engineering; She has experience working in the onshore oil industry. Get in touch for story suggestions, post job openings or advertising proposals on our portal.

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