Japanese Solar Energy Company Completes Construction of Plant to Provide Renewable Energy to Banco do Brasil

The Construction of Banco do Brasil’s Solar Power Plant Started in April 2020 and Is Expected to Be Completed by Early November 2020

The Japanese company Shizen Energy, local partner MS Consultoria e Suporte, and Brazilian developer Espaço Y held an inauguration ceremony for the plant on October 15, 2020 for the 1.4 MW (DC) solar power plant located in São Domingos do Araguaia in Pará, to supply solar energy to Banco do Brasil.

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First Solar Power Plant of the Japanese Company

This project built a mega solar power plant of 1.4 MW (DC) that will be Shizen Brasil’s first plant to operate outside Brasília. The energy generated by the plant will be supplied through a remote net metering system to Banco do Brasil, which is the largest bank by assets in Brazil and all of Latin America. The plant will offset the electricity consumption of 35 bank branches in the State of Pará and is the first solar plant of Banco do Brasil in the Northern region of Brazil.

Ricardo Forni, Director of Supply, Infrastructure and Assets at Banco do Brasil, said, “We are very pleased to inaugurate our second solar power plant in Brazil, in the State of Pará. The bank also included a social aspect in its bids. This is one way we found to reach remote communities and create real positive impacts for them. Banco do Brasil is committed to taking care of what is valuable to people, and sustainability is an important factor for us.”

Watch the Video About the Project Below

Defending “We Act for the Blue Planet” as its goal, Shizen Brasil will utilize its experience in renewable energy plants from Japan while continuing to strive to increase the prevalence of renewable energy plants and build a sustainable society according to Brazil’s needs.