Celeo Redes, Quinta Solar Energia to establish 1.1-GW project in Brazil

• Transmission infrastructure contractor as well as power business Celeo Redes Brasil along with solar firm Quinta Solar Energia plan to establish some 1.1 GW of solar capacity on the coast of Piaui state in Brazil.

Named Litoral Piauiense, the solar complicated will require an overall financial investment of up to BRL 4.4 billion (USD 832m/EUR 727m), the state government said on Monday.

The project envisages the installation of 22 solar ranches, each with a capacity of 50 MW. Situated in the seaside districts of Luis Correia and also Bom Principio, Litoral Piauiense will be know in two stages, beginning in 2024 as well as 2025.

Business procedure is readied to commence by 2026. Back then, the solar complicated will certainly produce sufficient clean power to power 1.6 million regional residences.

Now, the project is in the permitting stage and has already received the initial licence (LP) from Semar, Piaui's assistant of setting and water sources, the state claimed.