- Sowitec of Germany and Hydro Energi of Norway plan to launch a joint venture to develop a floating solar power plant in Brazil
- Project is proposed to come up in 8,370 MW Tucurui Hydropower Complex in Para state
- The 2 companies have secured approval from the Brazilian Administrative Council for Economic Defence (CADE)
Germany based renewable energy project developer Sowitec has received approval from the Brazilian Administrative Council for Economic Defence (CADE) to form a joint venture with Norwegian Hydro Energi. Together the companies plan to develop a floating solar power plant on the Tucurui Hydropower Complex, according to local Brazilian electricity news portal CanalEnergia.
The hydropower plant with 8,370 MW of power capacity and 2,850 km2 big reservoir, is located in the state of Para. While CADE says it has given the approval to Sowitec and Hydro Energi to jointly develop the large scale floating solar PV project, it doesn’t specify the proposed capacity of the plant.
Sowitec will offer its expertise in developing this greenfield project. “For Hydro Energi, the operation represents an opportunity to increase the renewable sources of energy available to the Hydro Group’s consuming facilities in Pará, such as Alunorte, replacing the use of energy from oil and coal,” reported CanalEnergia.
Backed by Vestas, in March 2019 Sowitec sold 1 GW of wind and 500 MW of solar PV capacity in Brazil to an unnamed major international energy supplier, and signed a contract for another 293 MW solar power plant with another leading European utility (see Sowitec Sells 1.5 GW Solar & Wind Projects In Brazil).
Hydro Energi is a wholly owned subsidiary of Norwegian aluminium company Norsk Hydro ASA.