Construction for 233 MWp Sao Joao do Piaui Solar Complex sets to commence in August

Celeo Redes Brasi, the joint venture of Spanish power company Elecnor SA and Dutch pension fund manager APG Asset Management NV, is set to commence the installation of the solar panels for its 233 MW Sao Joao do Piaui Solar Complex located in the state of Piaui, Brazil. 

The joint venture will invest up to BRL747 million (US$192.6 million) in the project. The solar complex will consist of six solar farms. In April 2018, the developers have secured the power purchase agreement deal for the projects.