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The investment of BRL 88 million by Enel Green Power in the solar park of Tabocas do Brejo Velho, in Bahia, will make it possible to modernize the equipment to increase the production of solar energy in the region in the coming years.
The company Enel Green Power, a subsidiary of the Enel Group, met with the State of Bahia, through the Secretariat for Economic Development (SDE), for the signing of a memorandum of intent this past Tuesday (02/08). The meeting signed an investment of R$ 88 million in the solar park of Tabocas do Brejo Velho, a municipality in the interior of the state of Bahia, to expand energy production with new improvements in the local infrastructure.
Government of Bahia and Enel Green Power sign a partnership for an investment of BRL 88 million in increasing production at the Tabocas do Brejo Velho solar park
A subsidiary of the Enel Group, Enel Green Power has been expanding its business portfolio more and more in the national territory and has just signed a new partnership with the government of Bahia, this time a letter of intent for a millionaire investment in the Tabocas solar park from Brejo Velho. The company will invest more than R$88 million to guarantee the necessary improvements in the system and expand energy production in the state.
The company intends to carry out major infrastructure works to ensure the replacement and modernization of equipment in the solar park, thus aiming to increase the local energy production capacity.
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In addition, the protocol of intentions signed between Enel Green Power and the government of Bahia provides for investment in the generation of job opportunities, thus guaranteeing socioeconomic development for residents of the northeastern state, since the modernization plan will require a qualified work in the energy sector.
“Bahia remains the leader in total solar energy generation, corresponding to 30,16% of national generation. The State has enormous potential in the generation of solar and wind energy. Renewable energy transforms landscapes, the economy and generates jobs and income for municipalities in Bahia. SDE offers institutional support and monitoring of the company, from its intention to implant itself, until its installation, offering all the necessary support in all stages of the process”, commented the executive José Nunes, Secretary of Economic Development (SDE), about of the importance of the company's millionaire investment in the production of solar energy.
Millionaire investment in the solar park of Tabocas do Brejo Velho will allow the exchange of equipment to modernize energy production
During the meeting for the signing of the protocol of intentions with Enel Green Power, the Director of Business Development at Enel Green Power in Brazil, Jean Philippe Salvatore, commented on the improvement plan and stated that the company's investment will be aimed at modernization of equipment. Thus, the original inverters will be replaced by more efficient and modern ones over the next few months.
The project will begin in the coming months and the investment in improvements is expected to be completed in early 2023. Bahia currently has a total of 8 solar power plants that benefit the municipalities of Barreiras, Bom Jesus da Lapa, Casa Nova, Guanambi, Itaguaçu da Bahia, Juazeiro, Oliveira dos Brejinhos and Tabocas do Brejo Velho, with an installed capacity of 1,6 GW.
In addition, another 180 solar park installation projects in Bahia are under development and the state could reach an installed capacity of around 8,3 GW, according to SDE data. Now, Enel Green Power's millionaire investment could boost this plan and benefit the global economy.
