Essentia Energia switches on 475-MWp solar complex in Brazil

Solar panels. Author: Frédéric BISSON. License: Creative Commons, Attribution 2.0 Generic.

October 21 (Renewables Now) - Brazilian investment manager Patria Investimentos, through its renewable energy platform Essentia Energia, has put the 475-MWp Sol do Sertao photovoltaic (PV) complex into operation in Brazil’s Bahia state.

Spread over a 1,000-hectare (2,471 acres) area in the municipality of Oliveira dos Brejinhos, the PV plant required an investment of BRL 1.4 billion (USD 247.2m/EUR 212.4m).

The Brazilian Development Bank (BNDES) helped finance the asset with a BRL-910-million disbursement, the company said.

Comprised of more than one million bifacial solar modules, Sol do Sertao should be capable of generating enough power to meet the demand of 580,000 local households and offset some 465,000 tonnes of carbon dioxide (CO2) emissions per year.

Essentia Energia is currently building the 465-MW Ventos de Sao Vitor wind park, also based in Bahia and expected to be completed in the fourth quarter of 2022.

(BRL 1.0 = USD 0.177/EUR 0.152)

More stories to explore
Share this story
About the author
Browse all articles from Lucas Morais

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.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription