June 1 (Renewables Now) – Shell Energy Brasil, an area unit of oil and fuel main Shell Plc (LON:SHEL), intends to construct up to 2.1 GW of solar parks in Brazil’s Minas Gerais, the state’s authorities introduced this week.
Under a newly-signed protocol of intent, the European firm will make investments round BRL 7 billion (USD 1.5bn/EUR 1.4bn) in the event of 5 photovoltaic (PV) crops in the North, Northwest and Central areas of the state.
More particularly, Shell will research installations in the cities of Corinto in the Central area, Arinos and Brasilandia de Minas in the Northwest, and Janauba and Varzea da Palma in the North of the state. If all 5 PV parks are constructed, the federal government expects their mixed output to give you the chance to meet the demand of a city with 2 million inhabitants.
Construction works are scheduled to start in January 2023, whereas commissioning of the primary plant is ready to happen in January 2025.
Currently, Minas Gerais has 2.4 GW of put in solar capability, in accordance to native solar affiliation Absolar.
(BRL 1.0 = USD 0.210/EUR 0.196)
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Shell planning up to 2.1 GW of solar in Brazil & More Latest News Update
Shell planning up to 2.1 GW of solar in Brazil & More Live News
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Shell planning up to 2.1 GW of solar in Brazil & More News Today
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