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?

While an average building in London or New York takes three years to be completed, in China a 26-story tower went up in five days with about 100 workers, and the global modular construction market already moves US$ 95 billion per year.

A Chinese factory in Guangdong is assembling a humanoid robot every 30 minutes while Tesla, Figure, and Boston Dynamics still struggle to deliver 10 thousand per year.

Australia installs giant concrete structures on the seabed 800 meters from the shore to create an ocean intake for desalination that will draw in saltwater and produce 30 million liters of drinking water per day.

Secret chamber sealed 4,500 years ago found in the Pyramid of Khufu, and Hawass announces its opening to the world in 2026

A public school student single-handedly created a machine capable of treating water for up to 50 people using only solar energy. It was awarded third place at one of the most important science fairs in the world.

While cities spend fortunes patching potholes and tons of plastic become waste, the Netherlands transforms over 218,000 recycled cups into a modular bike path that can conceal drainage, cables, and pipes.

While communities suffer from water scarcity and the advancing desert, women in Morocco use nets high up in the mountains to trap fog droplets, fill reservoirs, and transport drinking water through more than 10 km of piping.

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