Solar energy investments in Brazil keep growing strong, Voltalia has become a key player in the renewable energy sector.
ENERGIA LIMPIA XXI. Voltalia has signed a longterm power sale contract with Copel, a Brazilian utilities company. The new 260-megawatt solar plant will be located in Voltalia’s Brazilian cluster of Serra Branca in the state of Rio Grande do Norte, the world’s largest wind-and-solar site.
“Thanks to this contract Voltalia reaches 1.9 gigawatts of projects developed successfully in our Serra Branca cluster. This new success highlights the quality of our wind-and-solar cluster which attracts local utilities as well as international companies who want to source clean energy. With 0.5 gigawatt of further potential in Serra Branca and the development of our new 1-gigawatt Canudos cluster, together with other smaller sites, we are a leading renewable power producer in Brazil. I am very proud of the Voltalia teams and thank them for their engagement, especially in the present context”, comments Sébastien Clerc, Chief Executive Officer of Voltalia. A report carried by Energía Limpia XXI states that Voltalia is a world leader in the renewable energy sector. The Group produces and sells electricity generated from wind, solar, hydraulic, biomass and storage facilities that it owns and operates.
Voltalia has generating capacity in operation and under construction of more than 1.3 GW and a portfolio of projects under development representing total capacity of 7.8 GW. Voltalia is also a service provider and supports its investor clients in renewable energy projects during all phases, from design to operation and maintenance.
As a pioneer in the corporate market, Voltalia provides a global offer to private companies, ranging from the supply of green electricity and energy efficiency services to the local production of their own electricity.
Voltalia will build a 260-megawatt solar plant (SSM 3 to 6) and provide Copel with electricity through a 14-year contract, starting 2023. The SSM 3 to 6 projects are expected to be commissioned in the first half of 2022 ahead of the start of the long-term power sales agreements, with anticipated production sold under a short-term contract already secured with Copel.
Some of the construction works should take place at the same time as the SSM 1&2 solar farm. By pooling resources for
SSM 1 to 6 Voltalia will achieve significant economies of scale at all stages, with ultimately the same O&M team servicing both solar plants.
A solid partner, well-known to Voltalia
Copel is one of Brazil’s leading utilities, serving 4.7 million customer units in 395 municipalities and 1,113 localities (districts, villas and villages). A long-term partner of Voltalia’s, with a minority stake in Voltalia’s SMG wind farm(108 megawatts) since 2015, Copel was more recently one of the buyers behind the 238 megawatts contract signed for the SSM1&2 solar farms1
. Copel is listed in São Paulo, New York and Madrid and its main shareholder is the State of Paraná.
Solar, a competitive source of energy
Solar now represents 0.5 gigawatt in Voltalia’s 2.4 gigawatts Serra Branca site, the world’s biggest wind-and-solar cluster. The two sources of power are complementary since wind is blowing mainly during the night at Serra Branca.