Voltalia has signed a power sale contract with Braskem, Brazilian producers of thermoplastic resin. This client, as well as other long-term clients previously secured, will be supplied by Voltalia’s Solar Serra do Mel (SSM) 1&2 plants located in Rio Grande do Norte, Brazil. SSM 1&2 will have a 270 MW capacity, making it Voltalia’s largest solar project.
Braskem will purchase electricity generated under a 20-year contract. The other SSM 1&2 power sales contracts have maturities ranging from 10 to 20 years. Once these contracts end, Voltalia will sell the production through new short or long-term private power sales contracts.
The construction of the solar farms is expected to start in the second half of 2020, with a commissioning date in the first half of 2022.
