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Controlled by Neoenergia, the board of Neonergia Renováveis approved in Paraíba, the construction of solar energy parks
Neonergia Renováveis approved today the construction of the Luzia II and II solar energy parks, located in Santa Luzia, in the State of Paraíba. Neonergia reported that 457 million was invested in the project, which will have a capacity of 149.3 MWdc and is expected to operate starting in the second half of 2022.
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Neoenergia stated that the energy generated will be sold in the free market and will be 100% sold by 2026. 20% will be sold before the end of the project’s useful life and will focus on signing a 12-year contract with the telecommunications operator Claro.
The company said, “The construction and implementation of the project are fully aligned with the investment policy of the Neoenergia Group, as well as with its strategy for growth in renewable energy and to have a positioning in the liberalization of the Brazilian energy market.”
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Brazilian scientists are simultaneously advancing two research projects on clean hydrogen and driving solutions that could transform the energy matrix, enhance industrial competitiveness, and accelerate large-scale emission reduction targets.
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Advancement in renewable energy: A R$ 150 million project launched by Petrobras and Finep aims to create state-of-the-art electrolyzers for green hydrogen, strengthening national research and preparing Brazil to compete in a billion-dollar energy market.
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Illiterate or semi-literate grandmothers were trained to repair solar systems, open rural workshops, and light up homes that still depended on kerosene.
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The world has bet on green hydrogen as the fuel of the future, but now faces the side effect: producing 1 kilogram requires about 9 liters of ultrapure water, and the largest projects on the planet are precisely in the driest regions of the Earth, where water is already scarce for people.
About Neoenergia:
Neoenergia is a publicly traded company with shares (NEOE3) traded on the São Paulo Stock Exchange. Controlled by the Spanish company Iberdrola, it has been operating in Brazil since 1997, being one of the leaders in the country’s electric sector.
Present in 18 states, its businesses are divided into generation, transmission, distribution, and commercialization areas. The company’s distributors, Coelba (BA), Celpe (PE), Cosern (RN), and Elektro (SP), serve 14 million consumer units, which add up to a total of 34 million people.
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