Sowitec to implement up to 2 GW of solar, wind in Brazil
Solar PV plant in Brazil
German renewable energy developer Sowitec plans to build up to 2 GW of wind and solar projects in Brazil's Minas Gerais state, the local government said on Wednesday.
The company will invest BRL 5.2 billion (USD 996m/EUR 843m) to develop three large-scale projects -- two photovoltaic (PV) plants and one wind-solar hybrid.
To be located in the Northern part of the state, the portfolio's first stage has a capacity of 600 MW for wind and 400 MW for solar. Subsequently, the capacities are estimated to jump to 1,400 MW of wind and 600 MW of solar.
Expected to commence construction in 2023, the first stage is scheduled to come online by end-2024, with full capacity set for 2027.
Once the portfolio is at full capacity, it will be able to meet, on average, the demand of some 1,500 homes per year, the Minas Gerais government noted.