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The British company Lightsource BP decided to invest in the solar energy sector in Ceará, signing a PPA and partnering with América Energia. The collaboration will finance part of the Milagres solar park and offer certified energy to small companies at a competitive cost.
This past Monday (25/07), the British company Lightsource BP announced that it signed a 15-year solar energy purchase and sale agreement with América Energia, an independent supplier with an average of 600MV in the free market Brazilian. The PPA (Power Purchase Agreement) will finance part of the Milagres solar plant, located in Abaiara, Ceará.
Lightsource BP's solar plant in Milagres is expected to start operating in 2024
In this sense, it is important to emphasize that the expectation is that the Milagres solar plant will start operating in 2024 only. The new plant already has high investments of R$ 800 million, the construction of the plant in 21 months also foresees the creation of 800 new direct jobs, with priority given to hiring local labor, which will guarantee new opportunities for residents of the state of Ceara. In addition, the partnership will also offer energy to small companies at a competitive cost.
“The PPA is part of our strategy to reach smaller customers, which we are currently achieving through partnerships with traders who want to operate more in retail”, says the Vice President of Origination and Trading at Lightsource BP, Pedro Vidal.
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The partnership supports the issuance of Renewable Energy Certificates (I-REC) for the entire period of volume sold. In this way, the emission serves as a value generation vector for the customer, because it guarantees sustainability and traceability, certifying that the energy really comes from a clean source. Making customers feel more secure with the company and also affirm the quality of the company.
Partnership exemplifies indications of América Energia in serving the free market
Thus, for the CEO of América Energia, Andrew Frank Storfer, the new agreement exemplifies his company's guidelines for meeting the expansion of the free market with renewable and competitive energy: "Part of our strategy is to increase market share by serving small consumers, such as small industries, hotels, gas stations and commercial establishments in general”, says Andrew.
Therefore, with a long portfolio of 4GW of projects under development divided between the Southeast, Midwest and Northeast regions, the British company Lightsource BP expects to meet the growing demand for solar renewable energy contracts, both by corporate PPAs as well as self-production structures, for example.
Due to geographic diversification, the partnerships pointed out that the photovoltaic source can solve the demands of customers who do not want to risk associating their industrial investment with a solar park in the same state, for example, in this way, being able to choose to connect to various points of the national interconnected system in the country.
It is important to emphasize that the British company Lightsource BP is the world leader in the development and management of solar energy projects. The company provides sustainable energy in an affordable way for companies and communities throughout Brazil and the world, which is why collaboration is so important for the growing evolution of clean energy production in the country. The partnership believes that everyone needs to meet the demand for energy through smart and sustainable measures and saw the agreement as the perfect way for this to happen.
