EN 
PT_BR 
O Panati Solar Complex, located in the city of Jaguaretama (CE), approximately 240 km from Fortaleza (CE), was officially opened by SPIC Brasil and Recurrent Energy, subsidiary of Canadian Solar, this Wednesday (19).
The project occupies a total area of 741 hectaress (565 in built area alone), being formed by eight subparks with total installed power of 292 MWp and a capacity to supply approximately 350 thousand homes per year.
The centralized generation plant is energized since December 2023 and its commercial operation began in January of this year with the YES (National Interconnected System).
The enterprise has 446 thousand bifacial N-Type photovoltaic modules from Canadian Solar, in addition to 4,345 Soltec trackers It is 1,102 TBEA inverters.
O plant capacity factor is approximately 35%. In total, there were around R$ 1 billion invested for its construction – which generated 1.4 thousand jobs green during the 12 months of construction.
The investments were obtained through financing with BNB (Banco do Nordeste) and the Sudene. The opening event was attended by Solar Channel and authorities and guests, in addition to the governor of the State of Ceará, Elmano de Freitas (PT).
“This is not just the opinion of the state governor, but also of all our leaders. The biggest opportunity for economic development and increasing GDP (Gross Domestic Product) is through renewable energy,” said Freitas.
The inauguration of the new complex once and for all consolidates SPIC Brasil's entry into the national photovoltaic market. Recently, the company and Recurrent Energy also inaugurated the Marangatu Solar Complex, in Brasileira (PI).
According to Adriana Waltrick, CEO of SPIC Brasil, around 75% of the energy assured in the two complexes is committed through long-term PPAs (power purchase contracts), and the remaining energy will be sold on the Free Energy Market.
Regarding the Panati Complex, the executive said that the choice of Jaguaretama to implement the plant occurred, above all, for two reasons.
“We found a place with an abundance of natural resources and which is in a state that has very well-defined partnership policies between companies and the government, with deadlines for making the business viable. This brings security to the investor,” she said.
About SPIC
SPIC is a Chinese multinational that invests in energy generation with a focus on renewable sources.
In Brazil, the company operates the São Simão Hydroelectric Plant, on the border between the states of Minas Gerais and Goiás, two wind farms in Paraíba – Millennium and Vale dos Ventos – and is a shareholder in one of the largest natural gas complexes in Latin America, GNA (Gás Natural Açu), in São João da Barra (RJ).
The company also holds a majority stake of 70% in the Marangatu (PI) and Panati (CE) Solar Complexes.
Last year, the company signed a memorandum of understanding in China with the government of Ceará to study the technical feasibility of solar energy generation systems, offshore wind farms and the production of green and blue hydrogen, with Porto Pecém as the focal point, in the metropolitan region of Fortaleza.
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