Brazilian electric-electronic equipment company WEG has signed a supply contract with energy trader Kroma Energia for a new PV solar energy generation complex in Brazil.
The Arapuá project is located in Vale do Jaguaribe in the municipality of Jaguaruana, and has an installed capacity of 250MWp (megawatt peak) and an estimated annual production of 537 gigawatt-hours.
The complex is valued at approximately R$630m and is expected to reach commercial operation in Q1 2026.
The agreed scope of supply includes PV modules, trackers, inverters, a power substation and a connection bay with the local utility, involving complete engineering and electromechanical assembly.
WEG managing director of automation Manfred Peter Johann commented: “This contract symbolises the relevance and scale of this project, in addition to reinforcing our commitment to the energy transition and sustainable development in the country.”
Kroma Energia CEO Rodrigo Mello added: “This partnership with WEG represents a crucial milestone for the construction of the Arapuá complex. We are confident in the lasting benefits it will bring to Brazil’s energy future.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataFounded in 2008, Kroma Energia has a portfolio of more than 4.6GW in renewable energy projects in Brazil.
According to Power Technology’s parent company, GlobalData, the Ministry of Mines and Energy plans to diversify Brazil’s power mix to reduce the risk of electricity shortages.
In August, Brazil was forced to cut its hydropower generation due to severe droughts on the river Madeira. The country is the second-largest producer of hydroelectricity in the world but has turned to alternative power sources such as solar to meet demand.
Brazil’s solar energy market is anticipated by GlobalData to grow at a compound annual growth rate of more than 11% by 2035, boosted by a fully interconnected grid.
The Sol do Sertao Solar PV Park led Brazil’s solar PV market in terms of total capacity contribution in 2023.