Brazil CPFL Renovaveis launches 1.1-MWp PV solar plant
Nov 28, 2012 - Brazilian green energy company CPFL Energias Renovaveis yesterday officially launched its 1.1-megawatt peak (MWp) Tanquinho photovoltaic (PV) solar plant, the first of that type in southeastern Sao paulo state.
The project has absorbed investments of BRL 13.8 million (USD 6.6m/EUR 5.1m). The resources were obtained under a research and development (R&D) programme of local power sector watchdog Aneel.
The Tanquinho unit will generate approximately 1.6 GWh a year, enough to supply 657 consumer units with an average monthly consumption of 200 kWh.
The plant's power output will be sold to energy trader CPFL Brasil at a price of BRL 160 per MWh. The real cost of the electricity though stands at about BRL 400 per MWh, according to Wilson Ferreira Junior, CEO of Brazilian power company CPFL Energia (SAO:CPFE3), which is parent of both CPFL Renovaveis and CPFL Brasil.