March 25 (Renewables Now) – Japan’s Panasonic Corp (TYO:6752) introduced that it entered right into a partnership with Brazilian decarbonisation options supplier Pontoon Clear Tech to safe electrical energy from a 500-MWp photo voltaic farm for its manufacturing unit in Brazil.
The events agreed that Pontoon Clear Tech is to take a position BRL 1.6 billion (USD 331m/EUR 302m) to construct, handle and function the Intrepid photo voltaic complicated within the Brazilian state of Ceara. The agency will then promote solar energy to Panasonic underneath a 15-year contract.
The Intrepid plant will encompass 935,000 panels unfold over a 1,100-hectares (2,718 acres) space. Building works are scheduled to start out this yr and finalise by the top of 2023, Panasonic stated.
The mission will profit a house home equipment manufacturing unit that the Japanese electronics maker operates within the state of Minas Gerais. The Intrepid photo voltaic farm will produce sufficient energy to fulfill 65% of the manufacturing unit’s consumption wants.
By 2024, over 60% of the overall quantity of electrical energy that Panasonic consumes in Brazil will come from photo voltaic underneath the self-production mannequin. The Japanese electronics big stated that it already offsets 100% of all carbon dioxide (CO2) emissions from its actions in Brazil.
(BRL 1.0 = USD 0.207/EUR 0.188)