Canadian Solar Minas Gerais Solar PV Park is a 152MW solar PV power project. It is planned in Minas Gerais, Brazil. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in 2022.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 152 | – | 152 | Permitting | Minas Gerais, Brazil | Canadian Solar |
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Description
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The project is being developed and currently owned by Canadian Solar.
Canadian Solar Minas Gerais Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $168.72m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by 2022.
Power Purchase Agreement
The power generated from the project will be sold to Braskem under a power purchase agreement for a period of 20 years.
About Canadian Solar
Canadian Solar Inc (Canadian Solar) is a provider of solar energy solutions. The company designs, develops and manufactures solar ingots, wafers, modules, cells, and other solar power products. Its broad range of solar modules find application in residential, commercial and industrial solar power generation systems; and specialty solar products include customized solar modules that customers incorporate into their own products such as portable solar home systems. Canadian Solar serves distributors, project developers, system integrators and installers and EPC companies across Asia, America, Europe and other regions. It has manufacturing facilities in China, Taiwan, Canada, Vietnam, Thailand and Indonesia, and offices across the world. Canadian Solar is headquartered in Guelph, Ontario, Canada.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
