Equinor examines developing solar project on Brazilian port

• Norway's Equinor ASA (NYSE: EQNR) has signed a memorandum of understanding (MoU) with Brazilian private port Porto do Acu Operacoes to check into possibilities to create a solar project on the port's facilities in the next 12 months.

The Norwegian oil and gas business did not give information about the capacity or the estimated financial investment in the strategy.

Found in Rio de Janeiro state, Porto do Acu is the country's only totally personal port. In operation because 2014, the website was established by Prumo Logistica and is managed by Washington DC-based institutional capitalist EIG Global Energy Partners.

As formerly announced, Equinor additionally plans to develop a 480-MW solar project in Rio Grande do Norte with compatriots Scatec Solar ASA (OSL: SSO) and Norsk Hydro ASA.