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Released May 08, 2024 | SUGAR LAND
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Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Statkraft Energy AS (Oslo, Norway) is establishing its first solar plant in Brazil, strengthening its foothold in the South American country's energy sector.
Statkraft plans to invest 926 million reals (about US$181 million) to build the Sol de Brotas complex in Bahia, northern Brazil, a solar power complex with a 275-megawatt peak (MWp) capacity. The project aims to transform the Ventos de Santa Eugenia and Morro do Cruzeiro windfarms into hybrid wind-solar complexes.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project and Plant databases can learn more from a detailed project report and plant profile.
The construction of the solar farm in Morro do Cruzeiro is projected to start in June and will be finalized by August 2025. Meanwhile, works in Ventos de Santa Eugenia are expected to begin in July and to be finished by November 2025.
Currently, Statkraft is finalizing the construction of the Morro do Cruzeiro wind complex, which is designed to generate 79.8 megawatts (MW) from 14 turbines. It expected to generate 386 gigawatt-houra (GWh) of renewable energy per year.
Statkraft began operations in Brazil in March 2012. Since then, it has expanded its portfolio to 18 operational hydropower plants and eight windfarms with an installed capacity of more than 2 gigawatts (GW).
Most of the company's operations are in southern Brazil. However, the construction of the Sol de Brotas complex will give Statkraft a stronger foothold in the northern part of the country.
The South American country's power generation is dominated by renewable energy, which accounts for 84.48% of the total capacity. Solar energy represents about 6.72% of total capacity, with 13,500 MW, while wind technologies account for 15.05%, or 30,000 MW.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Statkraft plans to invest 926 million reals (about US$181 million) to build the Sol de Brotas complex in Bahia, northern Brazil, a solar power complex with a 275-megawatt peak (MWp) capacity. The project aims to transform the Ventos de Santa Eugenia and Morro do Cruzeiro windfarms into hybrid wind-solar complexes.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project and Plant databases can learn more from a detailed project report and plant profile.
The construction of the solar farm in Morro do Cruzeiro is projected to start in June and will be finalized by August 2025. Meanwhile, works in Ventos de Santa Eugenia are expected to begin in July and to be finished by November 2025.
Currently, Statkraft is finalizing the construction of the Morro do Cruzeiro wind complex, which is designed to generate 79.8 megawatts (MW) from 14 turbines. It expected to generate 386 gigawatt-houra (GWh) of renewable energy per year.
Statkraft began operations in Brazil in March 2012. Since then, it has expanded its portfolio to 18 operational hydropower plants and eight windfarms with an installed capacity of more than 2 gigawatts (GW).
Most of the company's operations are in southern Brazil. However, the construction of the Sol de Brotas complex will give Statkraft a stronger foothold in the northern part of the country.
The South American country's power generation is dominated by renewable energy, which accounts for 84.48% of the total capacity. Solar energy represents about 6.72% of total capacity, with 13,500 MW, while wind technologies account for 15.05%, or 30,000 MW.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
