August 1 (Solar) – Brazilian energy firm CPFL Eficiencia has signed contract with the Guanabara Supply Centre (CADEG) in Rio de Janeiro to develop a 1.8-MWp solar project.
The unit of Brazilian energy group CPFL Energia SA (BVMF:CPFE3L), will invest a total of BRL 13 million (USD 3.5m/EUR 3m) in the project, which also includes a natural gas cogeneration plant.
Scheduled to start the operation in early 2019, the photovoltaic (PV) array will be comprised of 5,124 panels, to be installed on the rooftop of Rio de Janeiro's Municipal Market and its docks, covering an area of 10,248 sq m.
According to CPFL, this PV system will not only be the largest in the world for public markets but also the largest for a commercial client in Brazil, as it will produce enough energy to supply about 1,000 homes.
CPFL Eficiencia will also be in charge of the operation and maintenance of the PV system and the natural gas plant. The contract between the parties will last for 15 years, with the energy firm will be responsible for 100% of the investment.
(BRL 1 = USD 0.27/EUR 0.23)