3rd May 2022 14:51
VH Global Sustainable Energy Opportunities PLC - invests in sustainable energy infrastructure - Moves six solar photovoltaic system sites across five Brazilian states from construction to operational. Says the six sites represent around USD13.7 million of its original USD63 million commitment, will be generating 18.7-megawatt peak, and are located in Rio de Janeiro, Sergipe, Para, Rio Grande do Norte and Paraiba. All the sites have contract lengths of 20 years and are inflation-linked. The capital expenditures for all projects are in line with budget.
VH Global has several renewable power development programmes in Brazil and the sites are part of a larger USD63 million commitment. The company is funding the construction of 18 remote distributed generation projects across 10 Brazilian states, aiming to generate a total capacity of 75 megawatts.
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By Abby Amoakuh; [email protected]
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