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EDF Energies Nouvelles will undertake a new solar project (115 MWp) in Brazil

  • Solar

EDF Energies Nouvelles is announcing the acquisition of Pirapora II, a 115 MWp photovoltaic project, via its EDF EN do Brasil subsidiary.
This marks the latest step in EDF Energies Nouvelles ongoing development in Brazil’s renewable energy sector. With the addition of this new project to be built, it now has a portfolio of 489 MW under construction, consisting of 183 MW in wind power and 306 MWp in solar power.

EDF Energies Nouvelles has acquired an 80% interest in the Pirapora II photovoltaic project from Canadian Solar Inc., which is retaining a 20% stake and manufacturing the photovoltaic panels at its local plant.

The 115 MWp Pirapora II project holds a 20-year Power Purchase Agreement (PPA), and it is due to be commissioned in the first half of 2018.

The project is located in the south-east region of the country, close to Pirapora I (191 MWp), another PV solar project currently under construction, which is also owned by EDF Energies Nouvelles together with Canadian Solar Inc.

With a total installed capacity of over 300 MWp, the solar energy generated by both projects will cover the annual electricity consumption of 323 000 Brazilian homes.

Antoine Cahuzac, EDF Group’s Senior Executive Vice President, Renewable Energies and CEO of EDF Energies Nouvelles commented: “These future facilities demonstrate EDF Group’s strong growth ambitions in Brazil. With a considerable natural resources and growing energy needs, Bresil represents a strategically important market for the EDF Group, which is aimed at doubling its renewable energy capacity in France and worldwide by 2030 under its CAP 2030 company plan.”

About EDF Energies NouvellesEDF Energies Nouvelles is a market leader in renewable energy electricity, with a portfolio of more than 9 GW gross installed capacity focused for the most part on wind (onshore and offshore) and solar photovoltaic energy. Mostly operating in Europe and North America, EDF Energies Nouvelles continues its development by taking strong positions in promising emerging areas such as Brazil, Chile, China, India or South Africa. The Company is also present in other segments of the renewable energy market: marine energy, biomass and distributed energies. EDF Energies Nouvelles manages renewable energy projects’ development and construction as well as operation and maintenance for its own account and for third parties. EDF Energies Nouvelles is a subsidiary of the EDF Group dedicated to renewable energy.

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