Sowitec loses 400 MW of Brazilian solar to unrevealed investor

• German renewable resource developer Sowitec stated today it has actually unloaded an up to 400-MW solar project in Brazil to an unrevealed worldwide energy supply group.

Financial details regarding the deal were not available.

The specific solar (PV) project is under advancement in the Alagoas state of northeastern Brazil. It is planned to become functional in the coming years, Sowitec stated without providing more details and the system.

With Sowitec do Brasil, the German company has actually been energetic in Brazil because 2022 and currently has over 12 GW of projects in its portfolio. It presently has more than 3.1 GW of wind and also solar parks in operation as well as under construction around the world, of which more than 1 GW are located in Brazil.

Back in 2018, Sowitec marketed a 400-MW solar project in Brazil to a major European power utility, which a year later acquired another 200-MW project from the German designer.