- Press Releases
March 15 (Renewables Now) - Spanish firm Powertis SA has started the construction works on 225 MW of solar photovoltaic (PV) projects in the Brazilian states of Sao Paulo and Minas Gerais.
The company, a subsidiary of Soltec Power Holdings SA (BME:SOL), is planning to install two 112.5 MW PV facilities in the municipalities of Pedranopolis and Araxa, local news agencies reported last week.
Together, these assets will be able to meet the annual electricity needs of 230,000 homes as well as prevent the emission of approximately 350,000 tonnes of carbon dioxide (CO2) into the atmosphere per year.
The Pedranopolis and Araxa plants are being financed under agreements Powertis signed at the end of last year with Brazil's National Development Bank (BNDES).
Earlier last week, solar tracker manufacturer Soltec received an order from power supplier Focus Energia for a 852-MW project in Brazil.