EGPB begins operation of two solar parks in Brazil
Enel’s renewable energy subsidiary Enel Green Power Brasil Participações (EGPB) has started operation of two solar photovoltaic (PV) facilities.
With a total power generation capacity of 546MW, the facilities include the 254MW Ituverava in Tabocas do Brejo Velho and the 292MW Nova Olinda solar park in Ribeira do Piauí.
Both parks are under a 20-year power purchase agreement (PPA) with the Brazilian Chamber of Commercialisation of Electric Energy (CCEE).
Enel Green Power head Antonio Cammisecra said: “The start of operation of Nova Olinda and Ituverava is a major milestone for our presence in Brazil since it confirms our leadership in the country’s PV market and our commitment and ability to quickly and efficiently deliver the projects we are awarded.
“With our projects and expertise, we can boost the development of Brazil’s PV sector with the aim of further strengthening the increasingly key role that solarpower is playing in the diversification of the country’s generation mix and in meeting its growing energy needs.”
Enel has used its own resources and a long-term financing from Banco do Nordeste (BNB) to develop the Nova Olinda, which required an investment of around $300m.
Equipped with around 930,000 solar panels over an area of 690ha, the project will be able to produce more than 600GWh per year in full operational capacity.
Generation is estimated to meet the annual consumption of nearly 300,000 Brazilian households and will reduce approximately 350,000t of carbon emissions.