Focus Energia Enters Into Agreement With Soltec for Equipment for Solar Power Plant in Bahia

Written by Valdemar Medeiros

Published on 09/03/2021 at 10:09

Usina de energia solar – Fonte: Reprodução Google

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New Investments for Bahia’s Solar Energy Market This Time Involve Soltec and Focus Energia

Focus Energia, which operates in the commercialization and generation of solar energy in the renewable market, signed a contract with the Spanish Soltec Power Holdings for the acquisition of equipment for a photovoltaic project in Brazil, more specifically in Bahia, the European company said in a statement this Friday.

Investment in Solar Energy in Bahia

The agreement involving the supply by Soltec Power of so-called solar trackers, which allow the panels of a plant to follow the movement of the sun throughout the day in order to increase productivity.

Soltec stated that it will supply Focus Energia with 852 megawatts in trackers, and that the installation phase of the project in Bahia is scheduled to begin in July 2021.

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Focus Energia Raises More Than R$ 700 Million in Solar Energy Projects

Focus Energia, which raised about 765 million reais in an initial public offering in February, plans to build solar power plants to sell the production in the so-called free electricity market, where large companies like industries negotiate energy supply contracts directly with suppliers.

Focus Energia’s strategy includes the construction of a solar energy project named Futura in Bahia, which would have a potential capacity of up to 3 gigawatts.

Focus Energia Enters Into Agreement With Soltec for Equipment for Solar Power Plant in Bahia

New Investments for Bahia’s Solar Energy Market This Time Involve Soltec and Focus Energia

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