COPENHAGEN, March 8 (Reuters) - Norway's Equinor (EQNR.OL) , opens new tab on Friday said its 531 megawatt (MW) Mendubim solar plant in Brazil had started power production, increasing the company's renewable energy production in the South American country by 30%.

Mendubim will annually produce 1.2 terawatt hours (TWh) of electricity, and about 60% of that will be sold on a power purchase agreement with Norsk Hydro's (NHY.OL) , opens new tab Alunorte, one of the world's largest alumina refineries.

The remaining production will be sold in the power market in Brazil, Equinor said.

The Mendubim project is developed and operated as a joint venture between Equinor, Scatec (SCATC.OL) , opens new tab and Norsk Hydro's renewable energy unit Hydro Rein.

The three partners have an equal economic interest of 30% in the project, while Alunorte holds the remaining 10%.

https://www.reuters.com/business/energy/equinors-mendubim-solar-plant-brazil-starts-production-2024-03-08/