Milagres solar

210 MWp of renewable energy in Abaiara, Ceará

Milagres solar complex comprises of five photovoltaic plants located in the municipality of Abaiara, covering a total area of 440 ha. The complex will be connected to the National Integrated System (SIN), providing clean energy by sectioning an existing 230KV transmission line, owned by Chesf, which connects the Milagres and Bom Nome substations.

The project will do more than generate clean, affordable, renewable energy for Brazil’s sustainable future. During construction of the Milagres project, approximately 800 direct jobs will also be created, hiring primarily from the local communities.

Milagres will also contribute to a healthier environment, reducing emissions by approximately 246 thousand tons of CO2 per year, which is equivalent to 57,068 cars powered by gasoline and diesel. The Milagres project will generate approximately 460,000MWh per year, enough energy to supply approximately 212,000 homes.
The construction of the substation and transmission line of the Milagres project has begun, with full commercial operation expected in early 2024. The Milagres project was authorised by the Ministry of Mines and Energy to operate as an independent producer of Electric Energy and was included in the Regime Special Incentives for Infrastructure Development (Reidi).

The estimated investment for the construction of the Milagres project is approximately R$ 800 million and the project will be financed by Banco do Brasil with resources from the Northeast Development Fund (FDNE). The remaining capital needed to implement the project will be invested directly by Lightsource bp.