Soltec Sells a 400 MWac Project in Brazil to Casa dos Ventos

Source: www.gulfoilandgas.com 4/11/2024, Location: South America

- The purchasing entity is Casa dos Ventos, one of the main renewable energy entities in the country
- Soltec’s Energy division has 13 GW of projects in development, 6.4 GW of which are in Brazil

Soltec, a vertically integrated company dedicated to photovoltaic projects, has sold 100% of a 400 MWac project in Brazil, located in the state of Mato Grosso do Sul. The purchasing company is Casa dos Ventos, one of the leading renewable energy entities in the country.

As of December 31, 2023, Soltec, through its energy division, had 13 GW of projects in development globally, of which 6.4 are located in Brazil, at various stages of development.

Raul Morales, CEO of Soltec, stated, “We are very pleased with this agreement as it contributes to valuing the portfolio of development projects we have globally. Brazil is a strategic market for Soltec, where we have a significant position and track record, and the quality of the agreement reached highlights our operational capabilities in the country.”


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