Here are South and Central America’s five largest solar energy construction projects that were initiated in Q3 2021, according to GlobalData’s construction projects database.
1. Jaiba Sol do Cerrado Solar Power Complex 1357 MW – $1,167m
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The project involves the construction of a 1,357MW solar photovoltaic power complex on 5,500ha of land in Jaíba, Minas Gerais, Brazil.
Construction work started in Q3 2021 and is expected to be completed in Q3 2023.
The objective of the project is to increase the solar power generation capacity to meet the demand for power in the region.
2. Belmonte 2 Solar Photovoltaic Power Complex 600 MW – $650m
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By GlobalDataThe project involves the construction of a 600MW solar photovoltaic power complex in São José do Belmonte, Pernambuco, Brazil.
Construction work commenced in Q3 2021 and is expected to finish in Q3 2022.
3. Serra Branca SSM1&2 Solar Photovoltaic Power Complex 320 MW – $340m
The project involves the construction of a 320MW solar power plant in Serra Branca, Rio Grande do Norte, Brazil.
Construction work started in Q3 2021 and is forecast to complete in Q2 2022.
The objective of the project is to increase the solar power generation capacity to meet growing power demand.
4. Willka Photovoltaic Park 98 MW – $196m
The project involves the construction of a solar power plant on a 143.37ha land area in Arica, Chile.
Construction work commenced in Q3 2021 and is expected to be completed in Q3 2022.
The project will meet the growing need for power and generate clean energy, reducing greenhouse gas emissions.
5. Bom Nome Solar Photovoltaic Power Complex 130 MW – $53m
The project involves the construction of a 130MW solar photovoltaic power complex in Bom Nome, São José do Belmonte, Pernambuco, Brazil.
Construction work started in Q3 2021 and is expected to be completed in Q2 2022.
The project’s objective is to increase the solar power generation capacity to help meet the rising demand for power in the region.
Methodology:
This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.
Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.
