- Press Releases
April 20 (Renewables Now) - France’s Voltalia SA (EPA:VLTSA) said on Tuesday it has started the gradual commissioning of its 320-MW SSM1&2 solar farm in Brazil’s Rio Grande do Norte state.
Located within the 2.4-GW Serra Branca wind and solar cluster, the largest one of its kind globally, the solar park currently has an operational capacity of 18 MW with 31,000 photovoltaic (PV) panels switched on. Voltalia expects the facility to reach full capacity by June 30.
SSM1&2 is backed by five long-term power sales contracts with an average duration of 16 years, the renewable power plants operator said in a press release.
In March 2022, the French renewable power producer offloaded a 33% equity stake in SSM1&2 to investment fund STOA. This was the second deal between the parties and the third for the fund in the country.
STOA had previously bought a 33% stake in Voltalia’s 152-MW Ventos Serra do Mel III (VSM3) wind park, which is also part of the Serra Branca cluster, in September 2020.