With Billion-Dollar Self-Production Project, Usiminas Steel Mill Announces Agreement Signature with International Energy Company Canadian Solar

Written by Roberta Souza

Published on 26/02/2022 at 16:56

Foto: Reprodução Google Imagens (via Money Times)

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Partnership Between Canadian Solar and Usiminas Aims to Promote Increased Energy Self-Production for the Steel Mill with Solar Plant in Goiás

In order to intensify its energy self-production, the steel mill Usiminas made an agreement with Canadian Solar on the last Thursday of February, the 24th. The partnership resolution includes an average of 30 megawatts (MW) of renewable energy, which corresponds to approximately 12% of the total amount needed to supply the company.

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The energy self-production will take place in a photovoltaic park that will be installed in the city of Luziânia, Goiás. The planned investments for the construction of the solar plant are around R$ 1.35 billion, with an estimated start of construction in the first quarter of 2024. The plant, once completed, is expected to begin commercial operations in January 2025.

As disclosed by both companies involved and reproduced in the original text by Luciana Collet for Broadcast, this agreement marks the first long-term Power Purchase Agreement (PPA) directly established between Canadian Solar and an industrial level consumer, in the context of the structure for energy self-production in Brazil. The Power Purchase Agreement has a duration of 15 years, starting from 2025.

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Construction of Solar Energy Plant by CelgPAR in the State of Goiás Will Feature 15,300 Solar Modules

CelgPAR, a company supervised by the state of Goiás in the Midwest, signed a contract for the construction project of a 5-megawatt photovoltaic plant, as reported by Canal Solar. The implementation of the project will take place in the city of Cachoeira Dourada, located in the south of Goiás. According to estimates, Celgpar’s plant is expected to start operations later this year, in September.

According to information provided by CelgPAR itself, more than 15,000 solar modules, 50 photovoltaic inverters, and 170 trackers will be used in the construction of the plant. Read this other article from CPG by clicking here.

With Billion-Dollar Self-Production Project, Usiminas Steel Mill Announces Agreement Signature with International Energy Company Canadian Solar

Partnership Between Canadian Solar and Usiminas Aims to Promote Increased Energy Self-Production for the Steel Mill with Solar Plant in Goiás

Also Read:

Construction of Solar Energy Plant by CelgPAR in the State of Goiás Will Feature 15,300 Solar Modules

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With Billion-Dollar Self-Production Project, Usiminas Steel Mill Announces Agreement Signature with International Energy Company Canadian Solar

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