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Japanese groups invest in solar power generation in Brazil

RIO DE JANEIRO, BRAZIL - Fazsol has signed a contract with Órigo Energia to build 17 solar power plants with a capacity of 33.4 megawatts (MW), using the decentralized energy generation model in which the consumer chooses the supplier.

The investment in the project amounts to approximately R$150 (US$31.6) million and is part of Fazsol's growth strategy in Brazil. Fazsol is the result of a partnership between Japanese company Shizen Energy and Espaço Y, a Brazilian holding company in the civil engineering sector.

Through the joint venture, Shizen intends to help Japanese companies in Brazil . . .

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