July 1 (Renewables Now) – Brazilian energy company Servtec will invest BRL 210 million (USD 38.4m/EUR 34.2m) in the construction of 54 MWp of solar distributed generation (DG) projects in ten states.
The 22 systems, which are scheduled to go into operation later this year, will be used to supply clean energy to companies in the telecommunications, retail, beverage and gas stations sectors, local media reported on Tuesday.
According to the company’s CEO, Pedro Fiuza, Servtec plans to continue investing in DG with a goal of reaching 250 MWp by the end of 2021. This type of systems have numerous benefits such as the capacity to relieve the transmission network, the executive added.
Currently, the company has four solar DG systems in Sao Paulo and Bahia states with a combined capacity of 15 MWp. With this new addition, Servtec’s overall portfolio is expected to reach a total of 69 MWp by the end of this year.
The company has set a target to have around 120 MWp solar DG capacity in the next two months, Pedro Fiuza was cited as saying.