Voltalia begin on 320-MW solar project in Brazil

• France's Voltalia SA (EPA: VLTSA) has launched the building of its 320-MW SSM1 & 2 solar farm in Brazil's Rio Grande do Norte state.

The nuclear power plant capability includes 50 MW backed by brand-new long-lasting power sales contracts won since Voltalia's first disclosure of SSM1 & 2, the renewable nuclear power plant operator claimed in a news release.

Part of the 2.4-GW Serra Branca wind and solar collection, the largest among its kind worldwide, the solar property has 5 long-term power-sales agreements with an average maturity of 16 years. SSM1 & 2's off-takers consist of Brazilian thermoplastic material manufacturer Braskem (BVMF: BRKM5) and also neighborhood power energy Copel (BVMF: CPLE6).

Expected to be appointed during the very first half of 2022, SSM1 & 2 will certainly then end up being Voltalia's biggest solar project worldwide.

The French company is keeping possession of a majority part of Serra Branca, while offering the other portions to companions. As of April 8, Voltalia held 1.34 GW of the overall 2.4 GW capacity.