Equinor (EQNR) Begins Production at Brazil's Mendubim Plant
Equinor(EQNR) Zacks Investment Research·2024-03-12 01:31
Equinor ASA (EQNR) announced the commencement of power production at its Mendubim solar plant in Brazil.The new facility, with a capacity of 531 megawatts (MW), represents a significant expansion in the company’s renewable energy operations, boosting its production in the South American nation by 30%.Mendubim is set to produce 1.2 terawatt hours (TWh) of electricity annually. A notable portion of this production, about 60%, is secured through a power purchase agreement with Norsk Hydro’s Alunorte, which ran ...