Cocal Powers Up Second Solar Park in Sao Paulo

• Cocal's new solar park in Sao Paulo powers 13,000 MWh annually, slashing electricity bills by 15% for employees and locals, while boosting Brazil's green energy future.

Brazilian renewable energy company Cocal has launched its second solar photovoltaic (PV) park in western Sao Paulo, investing BRL 25 million (USD 4.4m/EUR 3.9m). The new facility, developed with Lemon Energia in Presidente Bernardes, will generate 13,000 MWh of clean electricity annually under Brazil’s distributed generation model, benefiting both Cocal and the local community.

Cocal's employees and local residents are expected to save up to 15% on electricity bills monthly. The company inaugurated its first solar farm in Pirapozinho in October 2023, producing 3,000 MWh annually, and is exploring further solar projects in Sao Paulo.

How will Cocal's new solar park impact electricity costs for local residents?

• The new solar park will increase the supply of clean energy, potentially reducing reliance on more expensive, non-renewable energy sources.
  
• By generating 13,000 MWh annually, the park will contribute to stabilizing electricity prices in the region.
  
• Local residents may experience up to a 15% reduction in their monthly electricity bills due to the lower cost of solar energy.
  
• The distributed generation model allows residents to benefit directly from the energy produced, leading to cost savings.
• Increased local energy production can reduce transmission losses, further lowering costs.
• The project may encourage competition among energy providers, potentially driving down prices.
• The success of this solar park could lead to more renewable projects, further decreasing electricity costs over time.