Enel reaches agreements for portfolio of solar plants
Enel Green Power España has secured the rights to develop a 339 MW suite of solar power plants across Spain. The agreement was part of the Spanish government's plan to use renewables for 20% of its energy consumption by 2020. The investment will cost roughly €270m ($317m). The company also announced through its subsidiary that they have reached an agreement to develop a 90 MW photovoltaic project in Ribera do Piauí, in North-eastern Brazil.
The government of the Brazilian state of Piauí has announced Enel Green Power Brasil Participações Ltda., the Brazilian unit of Italian energy company Enel, was granted environmental authorization for a 290 MW PV project it is planning to build in Ribera do Piauí, in the microregion of Alto Médio Canindé, northeastern Brazil.

The local environment department Secretaria Estadual de Meio Ambiente do Piauí (SEMAR) has also granted approval for the construction of a 500 KV transmission line to connect the facility to the country’s electricity network.

According to SEMAR, the PV plant consists of seven sub-units, which are owned by four special purpose vehicles: Enel Green Power Nova Olinda B Solar S.A; Enel Green Power Nova Olinda C Solar S.A; Enel Green Power Nova Olinda Sul Solar S.A and Enel Green Power Nova Olinda Norte Solar S.A.

The $300 million project was selected by the Brazilian energy agency EPE in the second auction for wind and solar power projects (Leilão de Reserva), which was held in August 2015. Enel previously announced that construction of the plant had started in June.

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Two of Enel’s solar projects in Brazil achieved grid connection in early June. Both located in the town of Lapa, the Bom Jesus da Lapa (80 MW) and Lapa (78 MW) projects will supply energy to the country’s grid under a 20-year PPA.

According to Enel, its local susbidiaries Enel Green Power Brasil and Enel Brasil have an installed renewable energy generation capacity of 1,306 MW in Brazil. Of this capacity, 401 MW comes from wind power plants, while solar has a share of less than 200 MW. Hydropower plants still accounts for the majority of this capacity with over 893 MW. Enel also has currently 442 MW of further wind projects and over 600 MW of PV installations under development in Brazil.