Taking the momentum of solar energy, the BNDES encourages the construction of three solar energy plants in São Paulo, more specifically in the municipality of Pedranópolis.
The BNDES is celebrating the release of an investment of more than R$190 million for the construction of three solar energy plants, with an installed capacity of 90 MW, and enough renewable energy to supply more than 120 homes.
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Investment in solar energy has a considerable benefit for society, the economy and especially for the consumer. In Brazil alone, investment in solar energy reaches R$ 4,8 billion, solar energy in the form of distributed generation has become one of the areas most attractive to domestic and foreign capital in the country.
BNDES investment in solar power plant projects in 2021
The BNDES solar energy project will be implemented in the municipality of Pedranópolis, northwest of São Paulo, and should generate jobs for more than 1.400 people. The start of operations is scheduled for December 2021.
The Pedranópolis Photovoltaic Complex is an investment by powertis, a Spanish flag company, which belongs to the same group as the manufacturer of support for solar panels Soltec Brasil. This is the BNDES' second investment in solar generation for the company. In October, the BNDES also approved credit for the construction of the Araxá Photovoltaic Complex in Minas Gerais, worth around R$190 million.
The BNDES' investment in the project to implement these solar energy plants is in line with the National Plan on Climate Change, to reduce greenhouse gas emissions into the atmosphere.