Multinational Reivax has signed a contract with Canadian company Elera Renováveis (formerly Brookfield) to supply the PPC (Power Plant Controller) system to control photovoltaic solar plants at the Alex park, under construction in Limoeiro do Norte (CE). The solar energy complex was acquired by Elera Renováveis for approximately R$1 billion in January last year and will have 278 MW of installed capacity. It is expected to begin operating in 2022.
“The achievement of this partnership certainly represents a milestone for Reivax, because the company has just launched an exclusive control solution for the renewable energy market. This demonstrates the confidence and security that Elera has in our technology. We already have other proposals for similar projects and we wish to expand our participation in solar. We believe that this market could represent around 25% of the company's revenues by 2025”, says Fernando Amorim da Silveira, CEO of Reivax.
To meet demand, Reivax produced the entire PPC structure at its headquarters in Florianópolis (SC) and transported the equipment weighing more than 200 kilos for around 3,5 kilometers to the city where the solar park is located.
The equipment is expected to be installed in the second half of this year and, once it begins operating, it will be responsible for controlling all the requirements of the power grid at the solar plant. With this, the PPC will orchestrate the joint action of solar inverters to combine the energy generated by Alex's numerous photovoltaic solar panels to deliver this energy to the SIN (National Interconnected System).
Investments in Brazil
The Alex park is a major investment by the Canadian fund Brookfield in Brazil, which plans to invest around R$4,5 billion in photovoltaic energy, including the solar complexes of Janaúba (MG) and Aratinga (CE). Brazil is currently one of the largest developing markets for solar energy generation, with expected growth in GC (shared generation) from 3 GW in 2020 to 17 GW in 2030. Market projections indicate that investments will be in the order of R$25,8 billion over the next four years.
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