Brazil's Pernambuco to install 50 MW of solar projects
Solar modules. Featured Image: Jackiso/Shutterstock.com
Brazil's Pernambuco state government signed Tuesday the second supply agreement from its Solar Energy Auction from 2013, formalising the implementation of 50 MW of solar projects by Kroma Energy and Cone Concierge SA.
The solar projects represent an investment of BRL 200 million (USD 57.4m/EUR 52.1m) and will be implemented in the city of Flores. When complete, the solar farms will be able to produce 80,000 MWh per year, enough to supply 60,000 local homes.
The two developers have pledged to use up to 60% of local content. This commitment supports the Pernambuco government's strategy to establish a supply chain for equipment for photovoltaic (PV) projects in the state.
Friday, the state government published a new degree (number 42,034) extending tax benefits for domestic, interstate and overseas purchases of machinery, apparatus and equipment for solar and wind projects.
Recently, it was announced that the government of Pernambuco is studying the possibility of a second solar energy auction.