Marangatu Solar PV Park 4 is a 30MW solar PV power project. It is planned in Piaui, Brazil. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2025. Buy the profile here.

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Description

The project is being developed and currently owned by Canadian Solar and SPIC Brasil. The company's ownership stake in the project stands as 70% and 30% respectively.

Marangatu Solar PV Park 4 is a ground-mounted solar project.

Development status

The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2025.

For more details on Marangatu Solar PV Park 4, buy the profile here.

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. A broad range of its 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, among others. Canadian Solar is headquartered in Guelph, Ontario, Canada.

About SPIC Brasil

SPIC Brasil is engaged in the production of electricity and operates the Sao Simao hydropower plant, wind power parks, solar power generation projects. The company is headquartered in Sao Paulo, Brazil.

This content was updated on 25 January 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.