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Home / News / Market & Investments / 2C Energia is developing 490 MW of solar energy

2C Energia is developing 490 MW of solar energy

Joint venture is formed by recognized producers and traders of sugar, ethanol and energy
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  • Photo by Wagner Freire Wagner Freire
  • August 8, 2024, at 14:12 PM
1 min 21 sec read
2C Energia is developing 490 MW of solar energy
Company is present at Lefosse Energy Day 2024, in São Paulo. Photo: Disclosure

A CZARNIKOW Brazil and CMAA, recognized producers and traders of sugar, ethanol and energy, joined forces to form a a joint venture No. renewable energy sector.

The new company, called 2C Energy, is leading the 490 MW development in projects of centralized and distributed solar generation in Brazil.

In the state of Maranhão, 2C Energia is leading the construction of a 450 MW solar complex, with an estimated investment of R$1,5 billion. This project aims to provide energy for the production of green hydrogen and ammonia. 

“We are currently in the licensing phase. This is a project scheduled for 2027 or 2028, and hydrogen is part of the feasibility study”, he stated Tiago Medeiros, general director of CZARNIKOW Brasil, in an interview with Canal Solar after participating in the Lefosse Energy Day 2024, held in São Paulo this Wednesday (8).

No segment of distributed generation, 2C Energia is implementing 40 MW in several locations, including the states of São Paulo, Distrito Federal, Ceará, Goiás and Mato Grosso. Investment in plants of up to 5 MW is projected between R$150 million and R$200 million.

Commenting on the distributed generation scenario, Medeiros noted that the market should receive a significant volume of investments in the short term, but that this trend should stabilize soon. 

“Currently, there is a race for GD0 and GD1, but I do not see the attractiveness of GD2 due to the low financial returns. I believe we will see a peak in investments in the short term, followed by a stabilization of the market”, concluded the executive.

all the content of Canal Solar is protected by copyright law, and partial or total reproduction of this site in any medium is expressly prohibited. If you are interested in collaborating or reusing part of our material, please contact us by email: redacao@canalsolar.com.br.

CMAA CZARNIKOW Brazil solar energy
Photo by Wagner Freire
Wagner Freire
Wagner Freire is a journalist graduated from FMU. He worked as a reporter for Jornal da Energia, Canal Energy and Agência Estado. Covering the electricity sector since 2011. Has experience in covering events such as energy auctions, conventions, lectures, fairs, congresses and seminars.
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