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Cemig Acquires Seven Photovoltaic Plants for Solar Energy Projects

Written by Valdemar Medeiros
Published on 28/11/2020 at 13:52
Updated on 28/11/2020 at 13:55
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Last Friday, on the 27th, Cemig, through its subsidiary, Cemig Intelligent Solutions in Energy, acquired around 49% of the seven plants dedicated to solar energy generation, through photovoltaic solar sources.

The Cemig group, founded in 1952, contains hundreds of solar energy companies and stakes in more than 20 plants spread across the states of Brazil. The purchase of the plants is in favor of the Distributed Generation and Solar Energy market, totaling an installed capacity of 29.45Wp, with an investment of over R$ 50 million.

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The Emborcação Plant, located in Minas Gerais, in the municipality of Araguari, received certification through the “International Renewable Energy Certificate Standard” (I-REC). This is a certificate that states that the energy produced by Cemig’s plant comes from a renewable source.

Cemig SIM, a unit of the state-owned company Cemig that is focused on solar energy generation and distribution, plans to double its generation capacity by 2020, expanding its clientele, according to Cemig’s president in a statement to Reuters.

The growth will come from the acquisition of equity in operational ventures of the technology known as GD, which involves small-scale power plants. Cemig aims to double its energy generation capacity by 2020.

In Brazil, Solar Energy Production Mode Has Grown Rapidly Since 2015

The mode of solar energy production has seen significant growth in the country since 2015, supported by regulatory incentives that make power plant systems, especially solar energy, an attractive option for investment, not only for companies but also for consumers.

The subsidiary’s CEO, Danilo Gusmão Araújo, stated that the company is expected to end 2020 with participation in plants that will amount to around 52 MW in capacity, compared to 30 MW currently.

Valdemar Medeiros

Graduated in Journalism and Marketing, he is the author of over 20,000 articles that have reached millions of readers in Brazil and abroad. He has written for brands and media outlets such as 99, Natura, O Boticário, CPG – Click Petróleo e Gás, Agência Raccon, among others. A specialist in the Automotive Industry, Technology, Careers (employability and courses), Economy, and other topics. For contact and editorial suggestions: valdemarmedeiros4@gmail.com. We do not accept resumes!

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