Royal Dutch Shell Plc, in a 50/50 joint venture with Gerdau SA, has announced to jointly develop the 190 MWdc Aquarii solar photovoltaic project located in the municipality of Brasilândia de Minas, Minas Gerais, Brazil.
The Aquarii solar PV project will supply a part of the clean energy to Gerdau's steel production units, while the rest will be sold on the free market through Shell's energy trader, starting in 2024.