Nextracker to supply solar trackers for 766 MW Solar project in Brazil
Vale S.A., one of the largest mining companies in the world, has chosen Nextracker to supply its NX Horizon bifacially optimized smart solar trackers for the Sol de Cerrado solar project in Minas Gerais, Brazil.
The 766 megawatt (MWp) solar complex, which will be one of the largest in Brazil, will help power Vale's mining operations in the Jaíba area of Minas Gerais and will be interconnected to the regional transmission grid. Initial construction will begin later this year, with the project scheduled for completion in 2022. Once operational, the Sol de Cerrado solar project will provide 13 percent of Vale's total energy needs in Brazil and offset GHG Protocol Scope 2 emissions by up to 136,407 tons of CO2/ year.
Nextracker's regional office in Brazil will support the project with engineering, commissioning, and asset management services as well as advanced data analytics for preventive maintenance.
Alejo Lopez, Nextracker vice president of sales for Latin America, said: "Vale's Sol de Cerrado project is yet another example of how the mining industry is embracing renewables as a reliable source of generation to power operations and offset greenhouse gas emissions. We look forward to working closely with Vale and deploying our smart solar trackers and software to maximize plant performance while minimizing operational costs for the 30-year-plus lifetime of the plant."
With investments of around US$ 500 million for its implementation, due to its location and scope, the Project is eligible for sustainable financing lines. The project will provide a reduction of approximately US$ 70 million per year in electricity costs.
