Enel S.p.A. has been awarded the right to sign 20-year power supply contracts in the country with a new solar PV project of 388MWdc.
"The success of this tender marks another step forward for the Enel Group in Brazil, where we are already one of the leaders of the renewables market," said Antonio Cammisecra, Head of Enel Green Power. "The 388MW we have just been assigned is the beginning of a new wave of investments of our Group in Brazil. This latest win, together with our other notable successes during 2017, underscores our clear financial and technology leadership in the global renewable energy sector."
The São Gonçalo solar plant will be supported by 20-year power supply contracts, which provide for the sale of specified volumes of energy generated by the facility to a pool of distribution companies operating in the Brazilian regulated market. São Gonçalo will be built in the São Gonçalo do Gurguéia municipality, in the State of Piauí. The plant is expected to start operations in early 2021 and to generate more than 850GWh of renewable energy each year once fully up and running.