Hydro and Sowitec plan floating solar power project in Brazil

Norway-based aluminium producer Hydro and Germany-based renewable power developer Sowitec have planned to form a joint venture for the development of a large-scale floating solar power project on Lake Tucurui in the state of Pará, Brazil.

If realized, the solar plant will produce electricity for Hydro’s operations in Pará, including the alumina refinery Alunorte and the primary aluminium plant Albras, Hydro said through its press release.

“Hydro has a clear strategy to further reduce emissions from our operations. Increasing our use of clean energy is an important contributor to achieving that target,” said executive vice president of Hydro’s Energy business area, Arvid Moss.

 “If we succeed in realizing this project, it will be an important milestone for floating solar development in Brazil,” said CEO of Sowitec Frank Hummel.

Hydro said antitrust authorities on Monday approved the joint venture approved the creation of a joint venture, one of several authority permits necessary to establish the project.

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