Founded in December 2020 and backed by solar and capital finance experts, Solar Americas Capital has announced its intention to bring up more than 2 GW of commercial solar power capacity in Brazil through by 2026.
Under its business model, the solar farms aggregator would co-fund, identify, build and manage the solar assets for commercial entities that it terms as ‘progressive corporations’. It would enable the participating entities to forecast their power expenditure and save money in the long run on energy expenditure.
Solar Americas Capital believes Brazilian companies can save up to 30% of their energy costs by turning to solar power, supported by regulatory incentives and high solar irradiation.
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