Norway’s Equinor, Hydro and Scatec to Build Solar Farm in Brazil

The farm will be located in the state of Rio Grande do Norte. It will be jointly owned and developed by the three companies, with part of the power production being used by Hydro.

RIO DE JANEIRO, BRAZIL - Equinor, aluminium producer Norsk Hydro and renewables company Scatec plan a jointly built 480-megawatt (MW) solar farm in Brazil, they said on Wednesday, December 9th.

The three companies have signed a memorandum of understanding to develop the project, Scatec said in a statement, which did not give details of the cost.

The joint project highlights how oil companies and energy intensive industries, such as aluminium, are responding to pressure from some long-term investors and regulators to cut their greenhouse gas emissions.

Scatec and Equinor are already collaborating on a number of solar projects in . . .

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