December 7 (Renewables Now) - Brazil's Piaui state government presented to potential investors the Public-Private Partnership (PPP) project that contemplates the deployment, operation and management of 40 MWp of solar projects.
The announcement was made on Wednesday during an infrastructure event in Sao Paulo. The competitive process for the selection of contractors is expected to be published in March 2019.
More specifically, Piaui is looking to develop eight photovoltaic (PV) projects of 5 MWp each to generate its own energy and then inject it into the local distribution network in order to compensate for the consumption of its agencies.
The state gave the go-ahead for the launch of these schemes in October. According to the previous press release, the eight plants represent a combined investment of BRL 173.4 million (USD 44.6m/EUR 39.1m).
When completed, these solar power plants should help Piaui to save close to BRL 7 million per year on its electricity bill, said governor Wellington Dias.
(BRL 1 = USD 0.26/EUR 0.23)