UFV Monte Verde Solar IV PV Park is a 49.68MW solar PV power project. It is planned in Rio Grande do Norte, Brazil. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in January 2024.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 49.68 49.68 Permitting Rio Grande do Norte, Brazil EDP Renovaveis Brasil

Description

The project is being developed by EDP Renovaveis Brasil. The project is co-owned by EDP Renovaveis and EDP Renovaveis Brasil, with their respective ownership stake of 50% each.

UFV Monte Verde Solar IV PV Park is a ground-mounted solar project.

The project cost is expected to be around $16.076m.

Development Status

The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by January 2024.

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.