In Brazil, Voltalia starts the construction of SSM1&2, its largest project with 320 megawatts
08 September 2021 - 6:00PM
In Brazil, Voltalia starts the construction of SSM1&2, its
largest project with 320 megawatts
Voltalia (Euronext Paris ISIN code:
FR0011995588), an international player in renewable
energies, announces today the start of the
construction of SSM1&2, a
320-megawatt solar
project including 50 megawatts of
additional capacity contracted
since Voltalia’s last press
release.
“SSM1&2 is our biggest solar project to
date: 320 megawatts, including 50 megawatts backed by new
long-term power sales contracts won since our last communication on
the project last year. We are now beginning construction with a
target to commission the facility during the first half of 2022.
SSM1&2 is located in the world’s largest wind-and-solar
cluster, Serra Branca, a 2.4-gigawatt site Voltalia has developed
from scratch. Thanks to the SSM1&2 solar plants in Serra
Branca, we are fully leveraging our multi-technology advantage: we
are optimizing land use by putting solar panels next to wind
turbines and making renewable power production more steady during
the day ” says Sébastien Clerc, CEO of Voltalia.
The SSM1&2 solar project is backed by five
long-term power-sales contracts with an average maturity of
16 years for a total capacity of 320 megawatts. Initially a
32-megawatt project1, it has grown tenfold thanks to new long-term
contracts signed with a series of buyers, including a corporate PPA
with Braskem, a petrochemical company, and a utility PPA with
Copel, a long term partner of Voltalia which is an investor in
Voltalia’s SMG wind farm since 2015 and which committed in may
20212 to purchase VSM 2 and 4, two wind farms
developed and built by Voltalia.
When it will be commissioned during the first
half of 2022, SSM1&2 will become Voltalia’s largest solar
project worldwide.
SSM1&2 is part of the Serra Branca cluster,
located in the Brazilian State of Rio Grande do Norte. Historically
a cluster of wind farms, with record high production levels (load
factor consistently above 50% allowing to generate one the
country’s most competitive energy), Serra Branca is now a combined
wind-and-solar cluster, benefitting from common infrastructures and
operating synergies. The two sources of power are complementary
since wind is blowing mainly during the night at Serra Branca.
Voltalia is retaining ownership of a significant part of the
2.4-gigawatt site, while selling the other part to partners who
also buy construction and maintenance services from Voltalia3.
Next on the agenda: First
half 2021 results, 23 september
2021 before market
About Voltalia
(www.voltalia.com) |
Voltalia is an international player in the renewable energy sector.
The Group produces and sells electricity generated from wind,
solar, hydraulic, biomass and storage facilities that it owns and
operates. Voltalia has generating capacity in operation and under
construction of more than 1.5 GW and a portfolio of projects under
development representing total capacity of 9.7 GW. Voltalia is also
a service provider and supports its investor clients in renewable
energy projects during all phases, from design to operation and
maintenance. As a pioneer in the corporate market, Voltalia
provides a global offer to private companies, ranging from the
supply of green electricity and energy efficiency services to the
local production of their own electricity. The Group has more than
1,130 employees and is present in 20 countries on 4 continents and
is able to act worldwide on behalf of its clients. Voltalia is
listed on the regulated market of Euronext Paris, compartment B
(FR0011995588 – VLTSA) and is part of the Enternext Tech 40 and CAC
Mid & Small indices. The Group is also included in the
Gaïa-Index, an index for socially responsible midcaps. |
VoltaliaInvestor Relations: invest@voltalia.comT. +33 (0)1 81 70 37
00 |
ActifinPress Contact: Jennifer Julliajjullia@actifin.fr
. T. +33 (0)1 56 88 11 11 |
1 See press release dated October 22, 20192 See
press release dated May 18,20213 See press release dated April 8,
2021
- In Brazil, Voltalia starts the construction of SSM1&2, its
largest project with 320 megawatts
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