Largest Investment in CEMIG's History in Solar Energy Is Made in Minas Gerais. R$ 500 Million Will Be Invested

Largest Investment in CEMIG’s History in Solar Energy Is Made in Minas Gerais. R$ 500 Million Will Be Invested

Written by Roberta Souza

Published on 24/11/2022 at 14:02

Updated on 24/11/2022 at 14:05

Foto: reprodução pixabay.com

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Cemig SIM, Subsidiary of Cemig, Made an Investment of R$ 500 Million in Solar Energy for the State of Minas Gerais

According to the website of Cemig (CMIG4), R$ 500 million was invested in the construction of 20 photovoltaic solar power plants in Minas Gerais by its subsidiary, Cemig SIM. Additionally, Broadcast Energia reported that these plants will be implemented in 15 municipalities in Minas Gerais and will increase the power capacity that Cemig SIM can supply by 70 MWp.

More Information About Cemig’s Solar Plant Projects in Minas Gerais

In order for the project to start, it was approved by the holding company’s board of directors, and Cemig held a bidding process to begin the constructions. According to the publication by Broadcast Energia, the company plans to sell its solar energy under the distributed generation (GD) model when produced close to the consumption site.

In April of this year, Cemig SIM announced the purchase of 49% of the shares of G2 Energia and Apolo Empreendimentos e Energia, in a deal valued at R$ 37.2 million. According to the company, acquiring new shares of generating units is part of its ongoing growth and strategy to increase the share of energy available to the market.

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Why is Cemig Focusing Its Major Investments in Solar Energy in the State of Minas Gerais?

A large portion of investments in solar energy in Brazil is in Minas Gerais, leading to significant expected growth in this sector. Absolar reported that the state has already attracted R$ 9.7 billion in investments and that there are more than 16.4 GW operational in Brazil, with 1.8 GW in Minas. Furthermore, solar energy has generated 482,000 jobs for the country, of which 55,200 were in municipalities in Minas Gerais.

Largest Investment in CEMIG’s History in Solar Energy Is Made in Minas Gerais. R$ 500 Million Will Be Invested

Cemig SIM, Subsidiary of Cemig, Made an Investment of R$ 500 Million in Solar Energy for the State of Minas Gerais

More Information About Cemig’s Solar Plant Projects in Minas Gerais

Why is Cemig Focusing Its Major Investments in Solar Energy in the State of Minas Gerais?

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Largest Investment in CEMIG’s History in Solar Energy Is Made in Minas Gerais. R$ 500 Million Will Be Invested

Cemig SIM, Subsidiary of Cemig, Made an Investment of R$ 500 Million in Solar Energy for the State of Minas Gerais

More Information About Cemig’s Solar Plant Projects in Minas Gerais

Why is Cemig Focusing Its Major Investments in Solar Energy in the State of Minas Gerais?

The end of Nokia: the brand that was the cellphone of an entire generation has ended its smartphones, left Brazil, and today survives only in basic phones in India while seeking a new partner.

Dissatisfied with seeing people sleeping on the street, a man named Ryan Donais started building small mobile homes so that homeless people can escape the cold, each equipped with a bed, running water, electricity, and heating.

Cambodia has started digging a nearly 180-kilometer canal to connect the Mekong River directly to the sea and reduce its dependence on the ports of neighboring Vietnam.

China has put millions of electric cars on the roads, but now faces the side effect: more than 1 million tons of batteries are expected to go out of use per year by 2030, while the government expands tracking and combats illegal dismantling with environmental risks.

An Indonesian fisherman pulls a mysterious object from the sea and discovers that it is a Chinese underwater monitoring system, part of the so-called Underwater Great Wall that Beijing uses to track submarines and unmanned vehicles in strategic straits of the region.

Images from NASA’s Landsat 9 satellite have revealed reddish slopes in the far south of Chile, but this is not colored snow; rather, it is the southern beech forests of Patagonia, which take on shades of red and orange in the austral autumn.

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