Scatec signs PPA and starts construction for 531MW solar park in Brazil

Facebook
Twitter
LinkedIn
Reddit
Email
Construction of Scatec’s 531MW solar PV plant in the state of Rio Grande do Norte has started. Image: Scatec.

Renewables company Scatec has signed a power purchase agreement (PPA) with alumina supplier Alunorte for its Mendibum solar project in Brazil.

Located in the state of Rio Grande do Norte, the independent power producer (IPP) has also started construction of the 531MW solar PV project in partnership with energy companies Equinor and Hydro Rein, placing orders for key components and preparing activities at the site.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The companies have signed a 20-year USD-denominated PPA with Alunorte for 60% of the expected production capacity of Mendibum. The remaining power would be sold on the Brazilian power market.

Capital expenditure for the project has been estimated at US$430 million and will be financed through a mix of project debt and equity from the project’s partners who expect to achieve financial close by the end of the year.

This is the second project in Brazil for the renewables company and is part of a growing pipeline in the Latin America region with more than 2GW.

The investments marks a “key milestone” in Scatec’s strategy and will strengthen its position in a renewable growing market, said Terje Pilskog, Scatec’s CEO.

The Norwegian company has also been actively building its green hydrogen and ammonia pipeline since the beginning of the year with projects in Egypt and another one in Oman that has received the first green hydrogen certification from TÜV Rheinland.

Read Next

July 3, 2025
Renewable energy curtailment in Brazil is set to reach 8% across the country, and be as high as 11% in the north-east, by 2035.
July 3, 2025
TotalEnergies has expanded its renewables assets in the Caribbean, sold a stake in projects in Portugal and begun construction on two PV parks in Spain.
June 27, 2025
Statkraft has signed PPAs with Better Energy to purchase energy from two solar power plants in Poland with a total capacity of 64GWh.
June 27, 2025
Solar developer Lightsource bp has signed a power purchase agreement (PPA) with a subsidiary of Taiwanese energy firm HD Renewable Energy (HDRE).
June 24, 2025
Independent power producer (IPP) Enery Development has formed a 50-50 joint venture (JV) with Romanian oil and gas producer OMV Petrom to build a 400MW solar PV plant in Bulgaria.
June 23, 2025
The volume of power purchase agreements signed in May has registered a low of 280MW, according to Swiss consultancy Pexapark.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK