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November 26, 2021

Sol do Cerrado Solar Project, Brazil

By Carmen

Sol do Cerrado Solar Project is a 766MW solar PV power project. It is planned in Minas Gerais, Brazil. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in October 2022.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 766 766 Permitting Minas Gerais, Brazil Vale

Description

The project is being developed and currently owned by Vale.

Sol do Cerrado Solar Project is a ground-mounted solar project which is planned over 1,200 hectares.

The project is expected to generate 1,600MWh electricity to offset 136,407t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $500m.

Development Status

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The project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by October 2022.

Contractors Involved

The project will utilise single axis tracker that are likely to be supplied by NEXTracker.

About Vale

Vale SA (Vale) is a metal and mining company. It produces and exports iron ore and pellets, nickel, copper, manganese ore, ferroalloys, metallurgical and thermal coal, copper and cobalt. The company also produces platinum-group metals (PGMs) and other precious metals such as gold and silver. It operates logistics systems in Brazil and other regions of the world, including railroads, maritime terminals and ports. The company owns and operates distribution center to support the delivery of iron ore worldwide. It also invests in energy and steel businesses through its affiliates and joint ventures. The company has operations in the Americas, Europe, Asia, the Middle East, Africa, and Oceania. Vale is headquartered in Rio de Janeiro, 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.

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