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Enel begins operations of 546MW solar plants in Brazil

CTBR Staff Writer Published 19 September 2017

Italian energy company Enel’s Brazilian subsidiary Enel Green Power Brasil Participações (EGPB) has started operations of two solar plants in the South American country, which cumulatively produce 546MW of clean energy.

The two solar plants include the 254 MW Ituverava and the 292 MW Nova Olinda solar parks.

While the Ituverava is located in the municipality of Tabocas do Brejo Velho, in the north-eastern state of Bahia, Nova Olinda is located in the municipality of Ribeira do Piauí, in the north-eastern state of Piauí.

The company stated that it has invested about $300m in the construction of the 292MW Nova Olinda. Finance for the solar plant includes assistance from Banco do Nordeste (BNB). The solar plant consists of about 930,000 PV modules, which are spread over in an area of 690 hectares.

The plant is expected to produce about 600GWh of clean energy per year, which will be enough to meet the energy requirements of about 300,000 Brazilian households, while offsetting about 350,000 tonnes of CO2 emissions.

The second solar plant, the 254MW Ituverava solar plant was constructed with a budget of $400m. This solar plant was financed by Bank of China and Santander, backed by China Export & Credit Insurance Corporation (Sinosure). The plant includes 850,000 solar panels spread across 579 hectares of land.

The second solar plant can generate about 550GWh of clean energy annually, enough to power about 268,000 homes, while avoiding 318,000 tonnes of CO2 emissions into the atmosphere.

Enel Green Power head Antonio Cammisecra said: “The start of operation of Nova Olinda and Ituverava is a major milestone for our presence in Brazil since it confirms our leadership in the country’s photovoltaic market, as well as our commitment and ability to quickly and efficiently deliver the projects we are awarded.

“With our projects and expertise, we can boost the development of Brazil’s photovoltaic sector with the aim of further strengthening the increasingly key role that solar power is playing in the diversification of the country’s generation mix and in meeting its growing energy needs.”

Enel has signed 20 year power purchase agreements (PPA) with the Brazilian Chamber of Commercialisation of Electric Energy (Câmara de Comercialização da Energia Elétrica, CCEE) to supply the electricity produced from the solar plants.

Image: Enel starts operations of two solar plants in Brazil. Photo: Courtesy of Andrew Beierle/Freeimages.com.