EDF Energies Nouvelles partners with Canadian Solar for a 92.5 MW PV project in Brazil
Post date: 13/08/2017 - 11:11
Canadian Solar Inc. and EDF Energies Nouvelles announced a partnership in the 92.5 MW »Pirapora III« PV project in Brazil, through the sale of 80 percent interest in the project by Canadian Solar to EDF EN do Brasil, EDF Energies Nouvelles' local subsidiary. The »Pirapora III« project has started construction and is expected to reach commercial operation in the fourth quarter of 2017. »Pirapora III«, located in the State of Minas Gerais in Brazil, was awarded a 20-year Power Purchase Agreement in the 2014 Reserve Energy Auction. The project will generate 188 GWh per year. Canadian Solar supplied modules manufactured in its 380 MW modules factory in the State of Sao Paulo, Brazil, that satisfy BNDES' local content requirements. EDF EN do Brasil will manage both the construction and operations phases of the project.
EDF EN do Brasil previously acquired from Canadian Solar an 80 percent interest in its 191.5 MW »Pirapora I« and 115 MW »Pirapora II« projects. Once commissioned in 2018, the three projects located in the same area will form the largest solar photovoltaic facility in operation in Latin America with a total installed capacity of approximately 400 MW, says the company. The three projects will benefit from common operational facilities and services.