Araxá Energia plans to invest $80 mm in solar GD

Araxá Energia’s business plan plans to invest R$ 450 million ($80 mm) in the construction of 150 MW of installed capacity in the remote generation mode by the end of 2022. The remote generation business model for lease is characterised by plants between 1 and 5 MW. The first 5 MW are planned to start construction in January 2021, with investments estimated between R$ 15 and R$ 20 million. ($2.6 and $3.6 mm)

Source: Canal Energia