Financed by Italy’s Enel Group, EGPB plans to invest $300m in the facility that will consist of four PV units located in the State of Piauí. Power from them was sold at the August 2015 reserve auction.
Nova Olinda faces a second half 2017 deadline to begin commercial operation.
EGPB already operates the 11MW Fontes Solar plant in the State of Pernambuco and started construction of the 254MW Ituverava PV unit in Bahia.
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