Brazil's Servtec to build 15 MWp in solar DG - report
Author: University of Salford Press Office. License: Creative Commons, Attribution 2.0 Generic
Brazilian energy company Servtec will invest BRL 68 million (USD 16.3m/EUR 15m) in the acquisition and realisation of 15 MWp of solar distributed generation (DG) projects in Sao Paulo and Bahia states.
The four systems, which are scheduled to go into operation later this year, have been developed by local company SolarGrid, newspaper Valor Economico reported on Wednesday. These schemes already have long-term power supply contracts negotiated with unnamed customers in the country's telecommunications sector.
Up to now, Servtec's efforts have been focused on wind and thermal power generation, but now it expects DG solar to reach a 20% share in revenues. The company has set itself a target to have around 200 MWp to 300 MWp of solar DG capacity in two years, president Pedro Fiuza was cited as saying.