Riacho da Serra 1 Siolar PV Park is a 162.49MW solar PV power project. It is planned in Piaui, Brazil. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 162.49 – 162.49 Permitting Piaui, Brazil Riacho da Serra Energia

Description

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The project is being developed and currently owned by Riacho da Serra Energia.

Riacho da Serra 1 Siolar PV Park is a ground-mounted solar project.

The project cost is expected to be around $180.364m.

Development Status

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The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.

About Riacho da Serra Energia

Riacho da Serra Energia Ltda (Riacho da Serra Energia) a subsidiary of Decal Renewables SpA owns and operates electricity generation projects. Riacho da Serra Energia is headquartered in Brazil.

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.