Shell Gerdau Minas Gerais Solar PV Park II is a 260MW 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 permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2025. Buy the profile here.
The project is being developed and currently owned by Gerdau Acominas and Shell. The owners have 50% stake in the project respectively.
Shell Gerdau Minas Gerais Solar PV Park II is a ground-mounted solar project.
The project cost is expected to be around $267.8m.
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2025.
For more details on Shell Gerdau Minas Gerais Solar PV Park II, buy the profile here.
About Gerdau Acominas
Gerdau Acominas SA (Gerdau Acominas), formerly Aco Minas Gerais SA, a subsidiary of Gerdau SA, is a construction company that manufactures and distributes construction materials. The company offers steel products such as long carbon steel, flat steel, sheets, blocks and billets, and fabricated reinforced steel. It provides technical assistance and waste reduction services. Gerdau Acominas caters its products to industrial, metallurgy, farming and livestock, civil construction, petrochemicals, railway, and naval sectors. The company exports its products through a network of distributors located across the world. It operates offices in Ouro Branco, Curitiba, Araucaria, Recife, Charqueadas, Sapucaia do Sul, Barao de Cocais, Maracanau, Rio de Janeiro and Divinopolis, Brazil. Gerdau Acominas is headquartered in Ouro Branco, Brazil.
Shell plc (Shell), formerly Royal Dutch Shell Plc, is an integrated oil and gas company. The company explores for and produces oil and gas from conventional fields and sources such as tight rock, shale and coal formations. It operates refining and petrochemical complexes across the world. Shell’s product offerings include lubricants, bitumen and liquefied petroleum gas; and petrochemical products such as raw materials for plastics, coatings and detergents. The company is a major producer of biofuel in Brazil. It also has interests in various liquefied natural gas (LNG) and gas to liquids (GTL) projects. The company markets its products directly and indirectly through distributors in Europe, Asia, Oceania, Africa, North America, and South America. Shell is headquartered in London, England, the UK.