Voltalia has signed a longterm power sale contract with Copel, a Brazilian utility company for the new 260 MW solar photovoltaic plant located in Voltalia’s Brazilian cluster of Serra Branca in the state of Rio Grande do Norte.
Voltalia will build a 260-megawatt solar plant (SSM 3 to 6) and provide Copel with electricity through a 14-year contract, starting in 2023. The SSM 3 to 6 projects are expected to be commissioned in the first half of 2022 ahead of the start of the long-term power sales agreements, with anticipated production sold under a short-term contract already secured with Copel.
Some of the construction works should take place at the same time as the SSM 1&2 solar farm. By pooling resources for SSM 1 to 6 Voltalia will achieve significant economies of scale at all stages, with ultimately the same O&M team servicing both solar plants.