France’s Voltalia SA (EPA:VLTSA) announced on Thursday that its 320-MW SSM1&2 solar farm in Brazil has been fully commissioned.
Located within the 2.4-GW Serra Branca wind and solar cluster in Brazil’s Rio Grande do Norte state, the photovoltaic (PV) park is Voltalia's largest in the world.
SSM1&2 was gradually put into operation starting last April. The 245-MW threshold was crossed at the end of June.
Originally, the solar farm was planned with a 32-MW capacity, but the project was later expanded due to new long-term power sales contracts with an average duration of 16 years. Brazilian thermoplastic resin producer Braskem (BVMF:BRKM5) and local power utility Copel (BVMF:CPLE6) are among the off-takers.
In addition to Voltalia, investment fund STOA owns a 33% equity stake in the PV plant which it acquired in March 2022. During that same month, the French power company started the construction works on the 260-MW SSM3-6 solar project which is also located in the Serra Branca cluster.