Arteson Solar Power Group released a news release on April 16, 2018, which sold the “Maria Maria” power plant of Altus Brazil to Global Power Generation, a subsidiary of Gas Natural Fenosa.
The Artes 'Guimarania' power plant, which was concluded, is located in Minas Gerais, Brazil, with a total installed capacity of 83 MW. Brazil’s third renewable energy source in 2015 In the bid, the 'Guimarania' power station received a 20-year power purchase agreement from the Brazilian Electricity Trading Association.
The power station is expected to be put into commercial operation in the fourth quarter of 2018 and is expected to provide 162,471 MWh of clean and safe solar power each year. The project is installed using the Altec MaxPower series of highly efficient polycrystalline modules. Up to 350 watts, with an efficiency of up to 18%, is one of the 10 models of the Top 10 Runners Base launched by Artes in 2018.
The Brazilian government has established a green energy development target of '230% of renewable energy in the energy structure by 2030'. The Artes 'Guimarania' power station will make this goal for the Brazilian government. Important contributions.
Dr. Xiaoxiao Miao, Chairman, President and Chief Executive Officer of Artes Solar Power Group stated: 'I am very pleased to be able to obtain the trust and support of Spanish Gas Company and reach this cooperation. This is a high quality photovoltaic power station and excellent solar energy for Atlas. The high recognition of power station project development capabilities! Since 2009, Artes has been actively and steadily deploy solar photovoltaic power station business at home and abroad, and it has been for 9 years. Through continuous development and expansion, the Aters Energy project team is global. The key markets have rich experience in project development and good performance. We have seen great potential in Brazil's solar energy market and have actively participated in investment in the development and construction of Brazilian solar energy projects to meet the increasing demand of local users for clean and reliable solar energy. The “Guimarania” power station is the fourth project that Altus has successfully developed and sold in Brazil following the 399 MW “Pirapora” power station asset portfolio. At recent Brazilian power auctions Artes also won the bid for the 476 MW photovoltaic power station project. As of now, Artes is in the Brazilian market. The total number of photovoltaic power station projects that have signed the Power Purchase Agreement (PPA) is nearly 1 GW. Artes cherishes the friendly cooperation and win-win relationship with the Spanish natural gas company and expects the two parties to further expand cooperation and work together in Brazil and other markets. Develop more high quality photovoltaic power plants. '
Lluis Noguera, CEO of Global Power Generation, said: 'We are very pleased to be able to cooperate with the world's leading power plant project developer Artes. The Latin American region is GPG's important investment market in the field of renewable energy, which has entered since 2017. Since the Brazilian market, we have doubled our investment in renewable energy in Brazil. The completion of this acquisition further enhanced and enriched GPG’s portfolio of renewable energy assets in Brazil, and highlighted GPG’s promotion of renewable energy development in Latin America. Commitment. We look forward to continuing to work with leading partners such as Altus to develop more high-quality solar photovoltaic power plants in the Brazilian and Latin American markets.