Francisco SA3 Solar PV Park is a 40.734MW solar PV power project. It is planned in Minas Gerais, Brazil. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in 2023. Buy the profile here.
The project is being developed and currently owned by Canadian Solar, Francisco Sa III Energias Renovaveis and Solatio Energia. The company's ownership stake in the project stands as 80%, 19.99% and 0.01% respectively.
Francisco SA3 Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $41.956m.
The project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by 2023.
Power purchase agreement
The power generated from the project will be sold to Camara de Comercializacao de Energia Eletrica under a power purchase agreement. The power will be sold at the rate of $0.029kWh for a period of 20 years. The capacity to be procured is 30MW.
Canadian Solar and Nebras Power QPSC are expected to render engineering procurement construction services for the solar PV power project.
Canadian Solar will be the supplier of PV modules for the solar power project.
For more details on Francisco SA3 Solar PV Park, 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. 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 among others. Canadian Solar is headquartered in Guelph, Ontario, Canada.
About Francisco Sa III Energias Renovaveis
Francisco Sa III Energias Renovaveis SA (Francisco Sa III) focuses on generation, procurement,distribution and production of power from renewable energy. The company is headquartered in Brazil.
About Solatio Energia
Solatio Energia (Solatio Energia) is a company that develop solar projects. The company is Headquartered in Brazil.