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Home / News / CPP Investments and Votorantim Energia invest in the country’s 1st hybrid park

CPP Investments and Votorantim Energia invest in the country’s 1st hybrid park

The start of project operations is scheduled for the beginning of 2023
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  • Editorial Photo Canal Solar Redação Canal Solar
  • June 16, 2021, at 15:14 AM
1 min 39 sec read
CPP Investments and Votorantim Energia invest in the country’s 1st hybrid park
Photo: Freepik

The start of operations of the VTRM hybrid park, a joint venture formed by Votorantim Energia and CPP Investments, is scheduled for early 2023. The construction of the pilot project has already been approved by ANEEL (National Electric Energy Agency). According to the companies, this is the first photovoltaic park in Brazil that combines the complementarity between solar and wind sources for energy generation.

The project will operate under the associated park model, where the structure of the new solar plant with an initial capacity to generate 68,7 MW will be installed on a plot of land next to the existing Ventos do Piauí I park, with a shared transmission substation. The energy from the solar project will complement the production of the wind project, whose generation is more intense at night due to the characteristics of the winds in the region.

The objective of the project is to combine the two sustainable sources so that they complement each other, bringing efficiency gains to the Brazilian electrical system, thus optimizing energy production according to its performance.

“This project is the result of Votorantim Energia’s initiative to propose a technical and regulatory innovation with the potential to transform the energy sector in Brazil. Since 2017, we have invested in studies related to hybrid projects to evaluate the feasibility and advantages of combining solar and wind sources, contributing to regulatory advances for an initiative like this”, said Fabio Zanfelice, president of Votorantim Energia.

“This decision of the ANEEL represents a relevant step towards the modernization of the sector, which will allow the reduction of operating costs and the optimization of the use of the energy transportation system, making new renewable energy projects in the country more competitive”, added Zanfelic.

The project has a financing line approved by BNDES (National Bank for Economic and Social Development) in the amount of R$189,98 million.

ANEEL (National Electric Energy Agency) Power Plant Course VTRM
Editorial Photo Canal Solar
Redação Canal Solar
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