Brazil's Paraiba to become home to 1.6-GW solar project and PV factory

Signing of solar projects in Paraiba

June 14 (Renewables Now) - Brazilian energy company Rio Alto Energias Renovaveis SA will implement a 1,625-MW solar power complex in Paraiba state, governor Joao Azevedo announced on Friday.

Named Santa Luzia, the solar project will consist of 28 farms with an individual capacity of 58 MWp. Rio Alto estimates it will initially invest some BRL 4.1 billion (USD 801.5m/EUR 662m) in the scheme.

A total of 1.3 million solar photovoltaic (PV) panels will cover a 1,700-hectare (4,200 acres) area in the cities of Santa Luzia and Sao Mamede. With completion scheduled for January 2023, the Santa Luzia complex will be able to generate enough power to meet the demand of over 1.6 million homes.

On the same day, governor Azevedo also announced the construction of a solar PV panel production facility in Joao Pessoa municipality by Brazilian company Balfar Solar, with initial investments of BRL 70 million. When up and running in January 2022, the factory will be the largest and most modern of its kind in Latin America, with an expected production of more than 150,000 panels per year, with capacities ranging from 340 Wp to 450 Wp, the government pointed out.

Together, the solar complex and the manufacturing plant are seen to generate more than 5,100 direct and indirect jobs.

(BRL 1.0 = USD 0.195/EUR 0.161)

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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