This result represents the first phase in Norsk Solar’s execution of our business plan in Brazil, says Torbjørn Elliot Kirkeby-Garstad, CEO at Norsk Solar.
Norsk Solar is pleased to announce the approval and initiation of operations for the Origo I solar power plant, located in Minas Gerais, Brazil. This project, consisting of six different sites, and boasts a capacity of 18 MW. Origo I marks the first of three Origo-projects where Norsk Solar operates as an independent power producer (IPP) and is responsible for development, financing, and construction.
“This result represents the first phase in Norsk Solar’s execution of our business plan in Brazil,” states Torbjørn Elliot Kirkeby-Garstad, CEO at Norsk Solar. “We extend our congratulations to all those involved in this remarkable achievement. This project is the first in a rapidly expanding project pipeline in Brazil,” Kirkeby-Garstad concludes.
Norsk Solar is focusing on the thriving solar energy market for businesses and industries in Brazil, which is experiencing substantial growth. “We see significant savings for families through this decentralized production model, especially in the challenging times we live in, and the electricity needs that the country is facing,” says Mauro Benedetti, Country Manager for Brazil at Norsk Solar. The project has a long-term power purchase agreement of 25 years with Órigo Energia, ensuring stable revenue for Norsk Solar. Órigo Energia also works to democratize access to clean energy in Brazil, especially for the most vulnerable segments of society.
The Origo I project has been realized through collaboration with GDSolar, a reputable player in the Brazilian solar energy sector with significant installed capacity. Norsk Solar’s success with Origo I marks a significant milestone in the company’s commitment to sustainable energy production and its goal to deliver clean energy to a diverse customer base in Brazil.