Neoenergia begins work with 149-MWp solar project in Brazil

• Brazilian utility firm Neoenergia SA (BVMF: NEOE3) has actually set up the first support pile for the 149.3-MWp Luzia solar project in the state of Paraiba, it said.

The new solar plant, situated in the district of Santa Luzia, will rely upon greater than 233,000 solar (PV) modules in total, with the ability of creating enough power to fulfill the need of 100,000 neighborhood homes, Neoenergia explains.

Power supply is readied to begin in the 2nd fifty percent of 2022.

According to an earlier declaration, part of Luzia's result is currently offered with a 12-year power purchase agreement (PPAs) with Brazilian telecom Claro SA.

As a result of its place, the PV plant will have harmonies with the 471.2-MW Chafariz wind facility, with which it will share the transmission framework, Neoenergia added.

The company, which runs as the Brazilian subsidiary of Spain's Iberdrola SA (BME: IBE), estimates that renewables will account for over 90% of its power mix in 2022.