Spain's Enerside lands off-taker for 3.33-MWp solar DG project in Brazil

• Spanish integrated solar PV platform Enerside Energy SA (BME: ENRS) stated that it has actually authorized a power purchase agreement (PPA) to provide power from its 3.33 MWp distributed generation (DG) solar farm in Brazil to Brazilian renewables and sugar-energy company Raizen SA (BVMF: RAIZ4).

Under the agreement, Enerside will supply 7.7 GWh each year, which will certainly be the entire output of the future Rota do Sol park, as well as issue matching I-REC renewable resource certifications. The agreement has a regard to 15 years.

The Rota do Sol DG plant will be situated in the Brazilian state of Rio Grande do Norte. Enerside anticipates to begin building and construction at the end of 2022 and commission the solar farm in May 2023, it claimed

Including Rota do Sol, the company has concerning 50 MW of solar DG projects in Brazil. The capacity is split throughout ten projects, which are expected to reach ready-to-build status by the 4th quarter of 2023. The arrangement with Raizen is Enerside's first PPA in Brazil.