SCF is providing technical assistance to a project in Brazil for Roof-top and potentially ground-mounted solar, with an expected capacity of 150MW.
Brazil is largely dependent on fossil fuels and large-scale hydropower. The country is at continuous high risk of power outages due to water crisis and high dependency on large-scale hydro.
The project has received Technical Assistance from the SCF for a pre-feasibility study whose objectives to:
- to gain a better understanding of Brazilian macro risk for this and further projects as well as understand the Brazilian energy market dynamics
- to assess the risk and upside associated with the project regarding macro-economic and market-specific risks
Our Target Impact
SDG 11 Sustainable Cities and Communities
It is expected that the project will enhance economic activities and alleviate pressure on national grid through high renewables capacity of decentralized solar generation. Currently, Brazil imports fossil fuels from central America, the US, and even Nigeria.
SDG 13 Climate Action
The project would Reduce CO2 emissions by replacing fossil fuels and large-scale hydro for energy production. It will further reduce emissions of CO2 due to savings in logistics for fossil fuels as well as constructing and maintaining hydropower plants.