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.

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

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

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 28, 2024
Seattle, USA
Solar Media Events
March 12, 2024
Frankfurt, Germany
Upcoming Webinars
March 13, 2024
9am EDT / 1pm GMT / 2pm CET
Solar Media Events
March 19, 2024
Texas, USA