Enerray will build EGP's 254 MW solar project in Brazil

Enerray will participate in a 254 MW solar project of renewable energy company Enel Green Power (EGP) in Brazil. Enerray placed the winning bid for the construction of the solar park for EGP, according to a press release by the company.

Enerray, which is part of the Italian Maccferri Industrial Group, won the bid through Enerray Usinas Fotovoltaicas.

Enel had already begun construction of the solar park in the Brazilian state of Bahia in December. This is one of the largest solar projects in the region, and is expected to go online in 2017.

The project will use single-axis trackers. Yearly electricity production of the project once online is estimated at 500 gigawatt hours.

"Starting to build up the largest solar farm of the country is an achievement that makes us very proud and shows how much Brazil is important for us," said Enerray CEO Michele Scandellari.

EGP was awarded a power purchase agreement (PPA) for this project in a national auction that took place last August, and plans to invest approximately $400 million in the project.

Around 3 GW of solar projects have been awarded in national auctions in the last year and a half in Brazil. The projects are expected to go online in 2017 and 2018.