Nova Olinda 14 Solar PV Park is a 40.484MW solar PV power project. It is located in Piaui, Brazil. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in September 2017.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 40.484 | 40.484 | – | Active | Piaui, Brazil | Alba Energia e Automacao; Enel Green Power Brasil Participacoes |
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Description
The project was developed by Alba Energia e Automacao and Enel Green Power Brasil Participacoes. CGN Energy International Holdings and Alba Energia e Automacao are currently owning the project having ownership stake of 99.99% and 0.01% respectively.
Nova Olinda 14 Solar PV Park is a ground-mounted solar project.
The project generates 77,140.8MWh of electricity. The project cost is $58.08m.
Development Status
The project got commissioned in September 2017.
Power Purchase Agreement
The power generated from the project is sold to Camara de Comercializacao de Energia Eletrica under a power purchase agreement. The power is sold at the rate of $0.084kWh for a period of 20 years.
Contractors Involved
Prodiel Proyectos de Instalaciones Electricas was selected to render EPC services for the solar PV power project.
JinkoSolar Holding was selected as the supplier of PV modules for the project.
The mounting systems have been supplied by soltec energías renovables for the project.
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.
