Norway’s Energy Major Equinor Starts Up Solar Plant in Brazil

Equinor has put into operation a 531-megawatt solar plant in Brazil, which boosts its power production in the South American country by 30%, the Norwegian major said on Friday. The 531-MW Mendubim solar plant will produce 1.2 terawatts per hour (TWh) of power annually, of which some 60% will be sold on a 20-year US-dollar-denominated power purchase agreement (PPA) with Alunorte, one of the world’s leading suppliers of alumina for the aluminum industry. The remaining power production from Mendubim will be sold in the power market…