Scatec Signs Memorandum with Equinor and Hydro to Develop 480 MW Solar Power Plant in Brazil

Written by Valdemar Medeiros

Published on 10/12/2020 at 09:47

Ilustração – Brasil e painel solar

Be the first to react!

Scatec Signed a Memorandum of Understanding (MoU) on Wednesday (9) with Equinor and Hydro for the Purpose of Simultaneous Development of a 480 MW Solar Power Plant.

With a focus on solar energy and a well-developed balanced reference, the renewable energy niche in Brazil has significant long-term potential. Based on this, Scatec and Equinor are simultaneously developing a portfolio of projects in Brazil and currently have a solar power plant of 162 MW in operation.

According to Terje Pilskog, Partnership Between Hydro and Equinor Promises to Yield Good Fruits

According to Terje Pilskog, EVP Project Development & Project Finance at Scatec, said: “We are pleased to enter into this partnership with Hydro and Equinor, and we believe it will be a fruitful synergy. We all have mutual interests in cooperating and developing this solar energy project, combining Scatec and Equinor’s experience in large-scale renewable energy projects with Hydro’s strong expertise in energy markets and its demand for clean and economical energy in Brazil.”

Hydro’s intention is to ensure that by 2030, at least 30% of CO2 emissions are reduced in its operations, with most of this reduction coming from Brazil.

ARTICLE CONTINUES BELOW

The Three Companies Will Reach an Investment Decision for 2021

The MoU provides a basis for the project to be carried out at a site already defined in Rio Grande do Norte, by Scatec and Equinor. The MoU offers joint ownership and project development by all three parties and the withdrawal of part of the production by Hydro. Subject to final agreement, the companies aim to reach an investment decision by mid-2021.

Scatec Signs Memorandum with Equinor and Hydro to Develop 480 MW Solar Power Plant in Brazil

Scatec Signed a Memorandum of Understanding (MoU) on Wednesday (9) with Equinor and Hydro for the Purpose of Simultaneous Development of a 480 MW Solar Power Plant.

Read Also

According to Terje Pilskog, Partnership Between Hydro and Equinor Promises to Yield Good Fruits

The Three Companies Will Reach an Investment Decision for 2021

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

With 70 tons of rock removed by hand and an 800-year-old abandoned cave, a former businessman transforms a dark shelter into a modern home carved in the heart of the forest.

Engine without traditional cylinder head could change the future of hybrids: Aramco creates DHE technology that simplifies mechanics, promises to reduce consumption by up to 25%, and challenges decades of evolution in combustion engines.

Son finds father’s forgotten notebooks and helps scientists solve the mystery of a 55-million-year-old marine fossil that remained unanswered for almost three decades.

While other coffees escape the American tariff hike, Brazilian instant coffee is excluded, raising an alert in the sector and may become up to 37.5% more expensive in the United States.

Central Bank changes rule that lasted decades and allows dollar and euro accounts in Brazil for exporters and companies with foreign capital, eliminating the need for currency exchange in some transfers starting in October 2026.

The “Chinese invasion” has arrived: BYD already dominates almost 45% of the electric buses registered in Brazil in May 2026, while 80% of the entire electric fleet in the country is concentrated in São Paulo with 1,300 vehicles.

From toy to track machine: Koenigsegg Sadair’s Spear made with over 327,000 Lego pieces reaches 111 km/h and surpasses the former Bugatti Chiron record.

Scatec Signs Memorandum with Equinor and Hydro to Develop 480 MW Solar Power Plant in Brazil

Scatec Signed a Memorandum of Understanding (MoU) on Wednesday (9) with Equinor and Hydro for the Purpose of Simultaneous Development of a 480 MW Solar Power Plant.

Read Also

According to Terje Pilskog, Partnership Between Hydro and Equinor Promises to Yield Good Fruits

The Three Companies Will Reach an Investment Decision for 2021

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

With 70 tons of rock removed by hand and an 800-year-old abandoned cave, a former businessman transforms a dark shelter into a modern home carved in the heart of the forest.

Engine without traditional cylinder head could change the future of hybrids: Aramco creates DHE technology that simplifies mechanics, promises to reduce consumption by up to 25%, and challenges decades of evolution in combustion engines.

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.

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.

Illiterate or semi-literate grandmothers were trained to repair solar systems, open rural workshops, and light up homes that still depended on kerosene.

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.

Africa has about 500,000 cell towers and most still burn diesel to operate, while companies rush to cover antennas with solar energy and avoid signal blackouts.

Son finds father’s forgotten notebooks and helps scientists solve the mystery of a 55-million-year-old marine fossil that remained unanswered for almost three decades.

While other coffees escape the American tariff hike, Brazilian instant coffee is excluded, raising an alert in the sector and may become up to 37.5% more expensive in the United States.

Central Bank changes rule that lasted decades and allows dollar and euro accounts in Brazil for exporters and companies with foreign capital, eliminating the need for currency exchange in some transfers starting in October 2026.

The “Chinese invasion” has arrived: BYD already dominates almost 45% of the electric buses registered in Brazil in May 2026, while 80% of the entire electric fleet in the country is concentrated in São Paulo with 1,300 vehicles.

From toy to track machine: Koenigsegg Sadair’s Spear made with over 327,000 Lego pieces reaches 111 km/h and surpasses the former Bugatti Chiron record.