Norsk Solar, a multinational based in Oslo, Norway, signed an agreement with renewable energy companies GDSolar and Órigo Energia for the construction of 12 photovoltaic plants in Brazil.
The plants will be installed in the state of Minas Gerais and will have an installed capacity of around 37 MWp. The contract has a term of 25 years and provides for initial investments of R$ 150 million.
According to Norsk Solar, the partnership is an important step for the entity's business plan in Brazilian territory, as it makes the multinational's entry into this market more stable.
The objective of the Norwegian company, which operates precisely in the emerging countries market, is to finance, build and develop a portfolio of solar energy projects aimed at industrial and corporate areas. Under the agreement, Norsk Solar will be the majority owner of the assets, with a 90% stake.
Mauro Benedetti, the entity's Country Manager in Brazil, assesses that the Brazilian corporate and industrial solar energy market has been growing in recent years and that the company views the possibility of investing in the sector with good eyes.
“We see great potential for our value proposition. We also see that, with these first projects in Brazil, we have established a strong local brand and secured a good market entry position,” he said.
Due to the Covid-19 pandemic, the signing ceremony of the agreement between the companies took place simultaneously at the Honorary Consulate of Norway, in São Paulo, and at the Embassy of Brazil in Norway, in Olso.
2 Responses
Excellent initiative, it's projects like this that Brazil needs. !
These international investments strengthen Brazil's image, further increasing our prospects for other large international investors to come to our country.