Japanese renewables developer Shizen Energy Inc is building a 33.4 MWp of solar power capacity in Brazil.
The company announced that it has already reached an agreement for the same. The project will be built for Brazilian renewable energy company Origo Energia.
According the company, the agreement was inked through FazSol Energias Renovaveis, the joint venture between local real estate company Espaco Y and Shizen Energia do Brasil Ltda.
It has been informed that FazSol will install 17 solar farms. The farms will be based in Ceara and Minas Gerais states, along with the country’s Federal District.
As per the company statement, the power output will be supplied to Origo Energia’s customers. It will be channelized through a remote net-metering system.
The Japanese firm Shizen is likely to complete construction on the PV systems by the end of this year.