Soltec Sells 400-MW Solar Project in Brazil

• Soltec Power Holdings SA sells 400-MW solar project in Brazil to Casa dos Ventos, solidifying its strong position in the market. CEO Raul Morales expresses satisfaction.

Spanish solar energy specialist Soltec Power Holdings SA has sold a 400-MW solar project in Brazil to Casa dos Ventos. The project will be located in the state of Mato Grosso do Sul, although further details were not provided. Soltec CEO Raul Morales expressed satisfaction with the agreement, highlighting the company's strong position and track record in the Brazilian market.

Soltec's energy division currently has 13 GW of projects in its portfolio, with 6.4 GW located in Brazil at different stages of development. The sale of the 400-MW solar project to Casa dos Ventos is seen as a positive step in enhancing the value of Soltec's global development projects and showcasing its operational capabilities in Brazil.

What is the significance of Soltec's sale of a 400-MW solar project in Brazil?

• The sale of a 400-MW solar project in Brazil by Soltec to Casa dos Ventos signifies the company's strong position and track record in the Brazilian market.
• Soltec's energy division currently has 13 GW of projects in its portfolio, with 6.4 GW located in Brazil at different stages of development.
  
• The agreement with Casa dos Ventos is expected to enhance the value of Soltec's global development projects and showcase its operational capabilities in Brazil.
• The project will be located in the state of Mato Grosso do Sul, although specific details were not provided.
• Soltec CEO Raul Morales expressed satisfaction with the agreement, indicating the company's commitment to expanding its presence in the renewable energy sector.