Scaling solar in Brazil
(UTC)Last modified
Equinor has made final investment decision on the 531 MW Mendubim solar project in Brazil.
Equinor positions within solar
Equinor is in the process of building a profitable solar portfolio in selected markets.
Brazil
- Equinor’s first step into solar energy was the 162 MW Apodi Solar plant in Brazil. Equinor has a 43.5 % share in Apodi along with operator Scatec. The plant started production in 2018.
- In summer 2022, early phase construction works started in the 531 MW Mendubim solar project, realized in partnership with Scatec and Hydro Rein. Equinor has 33.3% in the project.
Argentina
- Equinor has a 50% interest in the 117 MW Guañizuil II A solar project in Argentina. The plant is operated by Scatec and started production in July 2021.
Poland
- In 2021, Equinor acquired Polish solar developer Wento and its 1.6 GW pipeline of solar projects across Poland. The first solar plant Stępień was ready in October 2022, and two more are under construction.
North-West Europe
- In November 2022, Equinor signed an agreement to acquire Danish solar developer BeGreen. BeGreen has a project pipeline in early to medium stages of maturity of over 6 GW in Denmark, Sweden and Poland. The transaction is subject to relevant regulatory approvals.
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