EDP Brazil Completes Solar Power Plant Project in Minas Gerais

Written by Valdemar Medeiros

Published on 20/01/2021 at 09:03

Usina de energia solar no MG

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EDP Brazil’s Solar Power Plant Will Supply Electricity to Seven Smart Fit Gym Units in Minas Gerais

EDP Brazil announced that it has completed the construction of a solar power plant capable of generating 1,699 MWh per year, equivalent to the demand of about 700 households in Minas Gerais. The investment was R$ 2.2 million and the saving of 24.3% does not take into account tax collection.

Solar Energy in Minas Gerais

The solar power plant serving Smart Fit is located in Sacramento, a municipality bordering Uberaba, in Southwestern Minas Gerais.

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EDP Smart Plans to Invest R$ 300 Million Annually in Solar Energy in Brazil

The investment plans of the Portuguese EDP are all about sunshine. Through EDP Smart, the company aims to triple its current investment from R$ 100 million to R$ 300 million annually in the solar energy sector in Brazil, which will represent 38% of the Brazilian electrical matrix by 2050. Currently, the company has 29 MWp of installed capacity in the country and 59 MWp in sold projects.

According to Carlos Andrade, Vice President of Strategy and Business Development at EDP, Brazil is a place in the world with the greatest growth potential in the solar energy sector.

“We want to be close to the end customer, both for companies and individuals, and we will invest in centralized generation as well,” commented the executive, noting that it is not of interest to the company to provide energy for the system as a whole, but for the end customer, such as commerce, industry, and in conjunction with EDP Renovables.

For the B2B segment, the company seeks long-term contracts, between 10 and 15 years. “It is important to establish a long-term relationship with our customers,” said the executive.

EDP Brazil Completes Solar Power Plant Project in Minas Gerais

EDP Brazil’s Solar Power Plant Will Supply Electricity to Seven Smart Fit Gym Units in Minas Gerais

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Solar Energy in Minas Gerais

EDP Smart Plans to Invest R$ 300 Million Annually in Solar Energy in Brazil

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EDP Brazil Completes Solar Power Plant Project in Minas Gerais

EDP Brazil’s Solar Power Plant Will Supply Electricity to Seven Smart Fit Gym Units in Minas Gerais

See Also

Solar Energy in Minas Gerais

EDP Smart Plans to Invest R$ 300 Million Annually in Solar Energy in Brazil

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