Shell registers 130-MW solar power plan in Brazil

Solar panels. Featured Image: Jackiso/Shutterstock.com

April 24 (Renewables Now) - Oil and gas major Royal Dutch Shell Plc (AMS:RDSA) has submitted to Brazil's power sector regulator Aneel a plan for the development of 130 MW of solar photovoltaic (PV) projects.

Shell intends to build a total of three PV parks, including the Aquarii Solar 1 and 2, each of 50 MW, and the 30-MW Aquarii 3 plant, in the municipality of Brasilandia de Minas, Minas Gerais.

These large-scale solar power facilities would require an investment of more than BRL 500 million (USD 91m/EUR 84.5m) to build, Reuters said. They would also represent Shell's maiden direct investment in the Brazilian renewable energy sector.

The registration with Aneel paves the way for Shell to enroll its projects in future energy auctions held by the federal government.

(BRL 1 = USD 0.182/EUR 0.168)

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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