- FRV has obtained the preliminary environmental license for the development of a photovoltaic project in the state of Ceará, in the Northeast region of Brazil.
- Complexo Fotovoltaico Banabuiú is the first project carried out by FRV since its return to the country.
- With a capacity of 300 MWac and 327 MWp, the plant will occupy an area of 648 hectares and will supply up to 407,906 homes in the area.
Madrid, 30th November 2022
Fotowatio Renewable Ventures, a leading developer of sustainable energy solutions and part of Abdul Latif Jameel Energy, has obtained the Environmental Preliminary License for the development of a new solar farm in Brazil. Located in the state of Ceará, in the Northeast region of the country, Complexo Fotovoltaico Banabuiú is the first project carried out by FRV since its return to Brazil.
With an output of 300 MWac, the plant, which will occupy an area of 648 hectares, will reach 327 MWp, the equivalent of an estimated annual production of 745,000 MWh, which will supply up to 407,906 homes in the area.
The commissioning of this facility is expected to save 93,780 tons of CO2 emissions and will create around 306 jobs by favoring the use of local contractors and suppliers during the construction phase. The project will thus contribute to the diversification of the local economy and will be a source of investment for the region, providing indirect economic opportunities for local businesses, such as restaurants, small businesses, hospitality and transportation services, material and equipment supply companies, and many other sectors. Complexo Fotovoltaico Banabuiú will also have a positive impact allowing the integration of more renewable energy into the grid.