Lightsource bp obtains transformer for 210-MWp solar project in Brazil

• The 280-MVA transformer has arrived at the site of the 210-MWp Milagres solar photovoltaic (PV) plant in the Brazilian northeastern state of Ceara, solar developer Lightsource bp has announced.

Along with the 230-tonne tool, Milagres currently has every one of its PV modules and inverters in addition to greater than 90% of its trackers.

The solar park is anticipated to become operational in January 2024. When up and running, Milagres will certainly be able to produce 463,248 MWh yearly, sufficient to meet the demand of 211,529 local homes, the designer explains on its website.

According to a previous statement, the solar plant will require BRL 800 million (USD 158.41 m/EUR 145.26 m) in financial investments, of which BRL 423 million was safeguarded last September with neighborhood lending institution Banco do Brasil SA (BVMF: BBAS3).

Several of Milagres' result has actually currently been positioned under lasting power acquisition agreements (PPAs) with off-takers such as Brazilian renewables designer Casa dos Ventos as well as independent energy trader America Energia.