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[PRESS RELEASE] Faro Energy launches new solar plant in Pernambuco, Brazil

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Faro Energy launches new solar plant in Pernambuco, Brazil

 

The Solar power plant will generate 1,027 MWh/year, equivalent to the electricity required for 700 houses in the state of Pernambuco

 

Faro Energy, an English group which invests in solar energy projects across Latin America, has launched its new solar power plant in Brazil. It is located in Afogados da Ingazeira, a countryside region of Pernambuco, and is the third power plant in operation by Faro Energy in Brazil, just a few weeks after the inauguration of another power plant in Pirapora, Minas Gerais.

 

The BRL 2.5 million (US$ 750k) project includes over 1.440 solar panels and produces 475 kWp power. The system covers 15,000 m² of built surface and will generate 1.027 MWh of clean energy each year, equivalent to that used by more than 700 households in Pernambuco State. The new system will avoid the emission of 452 tonnes of carbon dioxide each year.

 

The project started operation in April 2019. The solar plant is part of a long-term system rental agreement between Faro Energy and a local retail group. The main purpose of the project is to provide energy to more than 14 stores in the state of Pernambuco.

 

The upfront investment required to build solar power plant was made entirely by Faro Energy as a part of the agreement with the client, which benefits from all of energy produced by the system and injected into to the local distribution grid. The client can use the energy credits at any of their facilities within the covered area.

 

The long-term rental agreement includes all the operation and maintenance for the plant to be provided by Faro Energy and its partners. "The potential for solar power in the Northeast region of Brazil is huge”, said Pedro Mateus, Faro Energy's Head of Brazil and CFO. “Solar irradiation is naturally very high in the region, creating attractive investment opportunities.” added Mateus.

 

 

 

About Faro Energy:

The Faro Energy Group, headquartered in London, invests in and develops renewable energy projects in Latin America. As of 2019, it is primarily focused on the rapidly growing distributed solar generation market in Brazil. Faro invests 100% of necessary capital to build, operate and maintain all solar power plants, establishing a long-term rental agreement with its client. Faro is very proud to be a B Corp.

 

 

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Faro Energy launches new solar plant in Pernambuco, Brazil

 

The Solar power plant will generate 1,027 MWh/year, equivalent to the electricity required for 700 houses in the state of Pernambuco

 

Faro Energy, an English group which invests in solar energy projects across Latin America, has launched its new solar power plant in Brazil. It is located in Afogados da Ingazeira, a countryside region of Pernambuco, and is the third power plant in operation by Faro Energy in Brazil, just a few weeks after the inauguration of another power plant in Pirapora, Minas Gerais.

 

The BRL 2.5 million (US$ 750k) project includes over 1.440 solar panels and produces 475 kWp power. The system covers 15,000 m² of built surface and will generate 1.027 MWh of clean energy each year, equivalent to that used by more than 700 households in Pernambuco State. The new system will avoid the emission of 452 tonnes of carbon dioxide each year.

 

The project started operation in April 2019. The solar plant is part of a long-term system rental agreement between Faro Energy and a local retail group. The main purpose of the project is to provide energy to more than 14 stores in the state of Pernambuco.

 

The upfront investment required to build solar power plant was made entirely by Faro Energy as a part of the agreement with the client, which benefits from all of energy produced by the system and injected into to the local distribution grid. The client can use the energy credits at any of their facilities within the covered area.

 

The long-term rental agreement includes all the operation and maintenance for the plant to be provided by Faro Energy and its partners. "The potential for solar power in the Northeast region of Brazil is huge”, said Pedro Mateus, Faro Energy's Head of Brazil and CFO. “Solar irradiation is naturally very high in the region, creating attractive investment opportunities.” added Mateus.

 

 

 

About Faro Energy:

The Faro Energy Group, headquartered in London, invests in and develops renewable energy projects in Latin America. As of 2019, it is primarily focused on the rapidly growing distributed solar generation market in Brazil. Faro invests 100% of necessary capital to build, operate and maintain all solar power plants, establishing a long-term rental agreement with its client. Faro is very proud to be a B Corp.

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Faro Energy inaugura novo projeto de energia solar em Pernambuco

 

Foram investidos R$2,5 milhões na planta, que terá capacidade para gerar 1.027 MWh/ano, equivalente ao consumo de aproximadamente 700 habitações pernambucanas

 

O grupo inglês Faro Energy, que realiza investimentos em projetos de energia solar distribuída na América Latina, inaugurou recentemente a sua mais nova planta no Brasil. Localizada no município de Afogados de Ingazeira, no sertão de Pernambuco, é a terceira unidade administrada pela Faro Energy, inaugurada poucas semanas após o lançamento de outra usina construída pela empresa em Pirapora, no interior de Minas Gerais.

 

Com investimentos na ordem de R$ 2,5 milhões, a usina solar possui uma área de 15 mil m², com 1.440 módulos fotovoltaicos instalados. Isso resulta em uma potência total do sistema de 475 kilowatt-pico (KWp). A capacidade de geração é de 1.027 MWh/ano, equivalente ao consumo de aproximadamente 700 habitações em Pernambuco, evitando a emissão de aproximadamente 452 toneladas de CO2/ano.

 

O projeto teve início operacional em abril de 2019, e faz parte de um contrato de locação de equipamentos de longo prazo capitaneado pela Faro Energy junto a um grande grupo do setor varejista. O projeto atenderá cerca de 14 lojas situadas no estado de Pernambuco.

 

Com o investimento inicial realizado pela própria Faro Energy junto ao cliente do projeto, toda a energia gerada pela usina é enviada para a rede da distribuidora do local onde a planta foi alocada. Com isso, o cliente pode receber os créditos de energia em qualquer unidade consumidora dentro da área de concessão.

 

O contrato da planta prevê uma locação a longo prazo, com toda a operação e manutenção do projeto realizada pela própria Faro Energy e por seus parceiros. "O potencial de desenvolvimento de projetos de energia solar distribuída nos municípios do Nordeste brasileiro é gigantesco", afirma Pedro Mateus, diretor financeiro e responsável pela operação da Faro Energy no Brasil. “Tanto do ponto de vista de capacidade natural de produção solar, como também das oportunidades de investimentos na região”, complementa o executivo.

 

Sobre a Faro Energy:

A Faro Energy é uma empresa de investimento em projetos de geração de energia solar distribuída. Com sede em Londres e escritório em São Paulo, a empresa teve início no País em fevereiro de 2016, possuindo um portfólio em rápido crescimento. A companhia investe 100% do capital necessário para implantar, gerir e manter a planta, com um modelo de negócios que prevê um acordo de longo prazo junto ao contratante a partir de um contrato de locação da usina. A Faro tem orgulho em ser uma empresa com certificação B Corp, como companhia que segue altos padrões de transparência, responsabilidade e desempenho.

 

Informações à imprensa
NB Press Comunicação
Igor Reis/Priscila Gomes/Tariana Machado
imprensa@faroenergy.com
(11) 3254-6464

 

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