Scatec Solar connected 162 MW »Apodi« solar plant in Brazil to the grid

The Norwegian project developer and operator of solar power plants Scatec Solar ASA together with partners Equinor and Apodi Par connected the 162 MW »Apodi« solar plant in the Brazilian state of Ceará to the grid. According to the company, it is Scatec’s first solar power plant in the country. Tracker manufacturer Soltec supplied the solar trackers. The plant is expected to provide about 340,000 MWh of electricity per year.
The project was awarded in the auction process held by ANEEL, the Brazilian Electricity Regulatory Agency, in November 2015. »Apodi« holds a 20-year Power Purchase Agreement (PPA) with CCEE, the Brazilian Power Commercialization Chamber.
In October 2017, Scatec Solar established a 50/50 Joint Venture with Norwegian oil and gas company Equinor to build, own and operate large scale solar plants in Brazil. The JV is be responsible for operation and maintenance as well as asset management of the facility, which is owned 43.75 percent by Scatec Solar, 43.75 percent by Equinor and 12.5 percent by the holding company Apodi Participações formed by the Brazilian companies Z2 Power, Pacto Energia and Kroma Energia.
Recently, Equinor ASA has acquired a minority stake in Scatec, corresponding to 9.7 percent of the shares and votes. The »Apodi« asset is Equinor’s first step into the solar industry.
Scatec Solar now holds 519 MW of solar power plants in operation, 895 MW under construction and about 4.5 GW in project backlog and pipeline. »We will soon start construction of a new 117 MW solar plant in Argentine in partnership with Equinor,« says Raymond Carlsen, CEO of Scatec Solar.

Related News