Eletronorte and Chesf to build 10 MWp floating solar photovoltaic project

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Eletronorte and Chesf to build 10 MWp floating solar photovoltaic project

Eletronorte and Chesf have plans to invest R$100 million (US$25 million) to develop two 5 MW floating solar photovoltaic projects in Brazil.

The projects, which were announced by the Ministry of Mines and Energy, will be developed in the Sobradinho and Balbina hydropower plants (HPPs).

According to sources, the project to be located in Balbina HPP is scheduled to begin construction on 29 January 2016, while the project to be located in Sobradiho is scheduled to start construction on 1 February 2016.

The floating solar plants help to reduce water evaporation and restrict the growth of methane-producing algae. The water also helps to keep the solar panels cool, boosting their conversion efficiency.

In march this year, it was announced a plan to develop 350 MW projects at the Balbina hydroelectric plant in the Amazon.

List of country news

Country news

  • December 17, 2015

    State Power Investment Corporation of China buys Pacific Hydro

    State Power Investment Corporation of China has agreed to acquire Australia-based Pacific Hydro, the renewable energy company with assets in Australia, Chile and Brazil, from IFM Investors. Read more
  • December 10, 2015

    Gas Natural, AES and Statkraft to bid for Pacific Hydro’s assets

    Sources said last week that Spanish gas distributor Gas Natural, U.S.-based AES Corporation and Norwegian state power generator Statkraft AS were planning to submit final bids for Pacific Hydro’s Latin American renewable energy assets. Read more
  • December 01, 2015

    Enel Green Power, China Three Gorges and Cemig win hydropower projects in Brazil

    Last week Brazil sold operation rights for all the existing hydropower plants whose concession contracts are about to expire in an auction on Wednesday for 17 billion reais ($4.51 billion). Read more
  • November 25, 2015

    BNDES finances nine wind parks in Brazil

    The Brazilian Development Bank, BNDES, has announced plans to provide project financing for nine wind farms in Brazil with a combined capacity of 218.74 MW. Read more
  • November 19, 2015

    Brazil awards 1.5 Gigawatts of Wind, Solar projects

    Brazil recently published the results of the auction for the latest round of renewable energy projects. Six different groups were awarded contracts for 20 wind farms with a combined capacity of 929.3 MW, while 15 companies won contracts for 33 solar plants with a combined capacity of 548.2 MW. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.