Soltec connects 112MW Brazilian solar PV plant

Facebook
Twitter
LinkedIn
Reddit
Email
Powertis has a portfolio of more than 4.5GW of solar projects in development in Brazil. Image: Soltec.

Powertis, the project development division of Soltec Power Holdings, has connected a 112.5MW solar PV project in Brazil, the company’s first in the country.

With an investment of €80 million (US$80.44 million), the plant, which is located in the state of São Paulo, has 210,000 solar panels and 3,750 Soltec SFOne trackers.

Brazil is a strategic market for the company, which has a solar portfolio of 4.5GW in different stages of development in the country.

Raúl Morales, CEO of Soltec, said: “For us, the Brazilian market is strategic, both for the development of photovoltaic projects and for our industrial division. We have a leading position and a clear long-term vision.”

Through Powertis, Soltec continues its international expansion in solar PV development in markets such as Spain, Colombia, the US, Brazil and Italy, where it will co-develop with ACEA 340MW of solar PV.

The Spanish renewables company plans to gradually transition to an independent power producer (IPP) model as it aims to secure additional revenue to mitigate risks in the value chain.

Read Next

September 28, 2022
Lightsource bp has closed a BRL800 million (US$147 million) financing for its 210MWp Milagres solar project in the Brazilian state of Ceará.
September 28, 2022
Renewables company Voltalia expects to achieve 2.6GW of renewables in operation or under construction in 2022, a year ahead of schedule.
September 23, 2022
Solar accounted for half of all global power generating capacity added last year, with 182GW deployed, a 25% increase on 2020, according to a report from BloombergNEF (BNEF).
September 22, 2022
Tech major Amazon has expanded its renewables portfolio globally with 71 new projects with a total capacity of 2.7GW.
September 8, 2022
Soltec, through its subsidiary Powertis, has entered in an agreement with multi-utility group ACEA to co-develop 340MW of solar PV in Italy.
PV Tech Premium
September 2, 2022
With the inauguration of a new R&D facility in Brazil, Nextracker aims to harness the country's knowledge in the utility-scale solar market.

Subscribe to Newsletter

Upcoming Events

On-Demand Webinars, Solar Media Events
October 11, 2022
Virtual event
Upcoming Webinars
October 18, 2022
10am (EDT) / 4pm (CEST)
Solar Media Events
November 29, 2022
Malaga, Spain