en.Wedoany.com Reported - Norwegian renewable energy solutions provider Scatec has commenced commercial operations of the 142MW Rio Urucuia solar plant in Minas Gerais, Brazil.

This is Scatec's third solar project in Brazil, bringing its total installed solar capacity in the country to 835MW after the plant's commissioning.

Approximately 75% of the plant's expected output will be sold to Statkraft under a ten-year power purchase agreement (PPA). The remaining electricity is planned to be traded through the spot market and via short-, medium-, and long-term PPAs.

Scatec CEO Terje Pilskog stated that the company has started generating electricity from its third solar project in Brazil, expanding its power generation scale in the country. He noted that Rio Urucuia, as the company's first plant in the Southeast submarket with strong electricity demand, is diversifying Scatec's business footprint in Brazil.

The Rio Urucuia solar plant is expected to generate approximately 321 GWh of electricity annually, which Scatec estimates is equivalent to reducing 21,000 tonnes of CO2 emissions per year.

Scatec retains full ownership of the Rio Urucuia plant while indicating plans to seek additional equity partners to further develop the asset's value. The company will be responsible for the project's operations and maintenance as well as asset management services.

Aleksander Skaare, Scatec's Country Manager for Brazil, stated that Rio Urucuia represents a significant milestone for the company in Brazil, strengthening its presence in Minas Gerais and providing clean, reliable power to the region. The project will also contribute to local communities and Brazil's energy transition.

Last month, Scatec achieved financial close for the 120MW Sidi Bouzid II solar plant in Tunisia. The project is developed in partnership with Aeolus SAS, a subsidiary of Toyota Tsusho Group, with the PPA secured through a government tender in December 2024, aimed at supporting Tunisia's renewable energy targets and enhancing the country's energy security. In February, Scatec also achieved financial close and commenced construction of the 130MW Barzalosa solar facility in Colombia.