Brazilian Renewable Energy Group Will Invest R$ 100 Million In Building Solar Plants In SP, RJ, MT, PE, And PA

The Gera Group, Aiming to Expand the Energy Subscription Service in Brazil, Will Invest R$ 100 Million in Solar Plants in SP, RJ, MT, PE, and PA. The Investment May Reduce Electricity Bills by Approximately 25%.

The Gera Group, which operates in the generation and commercialization of renewable energy in Brazil, is preparing to invest R$ 100 million for the construction of solar plants in five states of the country, with RJ, SP, and MT being particularly notable.

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Investment in the Solar Energy Market in SP, RJ, MT Advances

The renewable energy group will begin construction of the facilities in the second half of the year in the states of SP, RJ, MT, PE, and PA. This expansion in renewable energy aims to enhance the electricity subscription service in Brazil.

The first of the solar plants was built earlier this year in the city of Iguatama, in the state of Minas Gerais. The service, targeted mainly at consumers who spend more than R$ 300 per month on their electricity bills, offers a reduction of up to 25% in the bill amount, depending on the region, according to the renewable energy group. The new solar plants in SP, RJ, MT, and the other states are expected to serve households, local industries, and businesses.

The Director of Gera Group, Ramon Oliveira, explains: “With this expansion to the states of SP, RJ, MT, we strengthen this solution focused on providing a cost-saving option without requiring an upfront investment from consumers. The expansion in renewable energy has already been a request from several clients since the model poses no risk to consumers and still helps reduce energy costs.”

Investments in Solar Plants in Brazil Grow

In 2021, ABSOLAR estimates that the total of all new investments in solar plants will be R$ 22.6 billion. This estimate includes private investments in Distributed Generation as well as Centralized Generation.

The entity states that the expected growth is 4.9 GW of installed capacity in Brazil, representing 68% of the current capacity of 7.5 GW. The data also shows that Distributed Generation is expected to increase by about 90%, going from 4.4 GW to 8.3 GW of installed capacity.

Get to Know the Gera Group

With over 20 years of experience in the energy market, Gera Group applies all its knowledge to develop solutions that offer an innovative experience in the market.

Currently, it operates in all Brazilian states, with over 10,000 consumer units, generating over 100 MW in its projects. The total savings generated for its clients amounts to R$ 30 million.