Thanks to DAH Solar’s advanced technology, the 3.5MW HCC array system on five hectares will be operational later this year.
The city of Rio Grande do Sul will be home to the country’s largest solar power plant. The project, owned by HCC Energia Solar Group, will occupy about five hectares of land in Canguçu and will have a capacity of 3.5 megawatts, enough to power 1,200 homes. With an investment of 13 million reais, the distributed photovoltaic power generation system for shared use, also known as social solar, has half of the resources financed by the group itself and the other half coming from the sale of tokens (a type of asset that gives investors the right to a share in the plant’s profits), by Liqi, a specialist in blockchain infrastructure.
HCC Group has invested 10 million riyals in the project and is expected to inject another 3 million riyals raised into the token sale through the Liqi blockchain platform. Since investing in the token wallet is a fixed income, investing in the token wallet has no brokerage fees and is also income tax-free. The wallet return rate promised by HCC is about 1.4% per month.
Tokenization offers advantages for companies in the sector to implement more plants in a short time, as well as for investors. “This type of investment, in addition to being more democratic, profitable and providing the security of a fixed income, allows companies in the sector to obtain financing for the construction of plants more quickly than other traditional means,” says Louise Wagner, director of HCC Engineering, the arm of the group responsible for the development and implementation of photovoltaic projects.
With the start of operations in March 2024, the Cangzhou PV Power Plant is scheduled to be operational by the end of this year. The electricity generated from the sun’s rays will be fed into the concessionaire’s grid and converted into a discount for the plant’s subscribers. Part of the profits obtained from the sale of energy will be distributed to investors.
technological difference
“Technology is an important part of the project, which is why high-performance solar panels were chosen to ensure efficient operation and return on investment,” the executive highlights. The Cangzhou Solar Power Plant features over 5,900 bifacial solar modules with Topcon N-Type technology, 585 watts, from DAH Solar, connected to 10 250 kW inverters from Chint.
Double glass, being more resistant, provides a lower annual degradation rate, as well as improved energy production by capturing both direct and reflected solar radiation. While Topcon N-Type technology maximizes energy production, generating more power at higher temperatures and performing better in low light.
According to Leonardo Rodrigues, LATAM Technical Director at DAH Solar, these bifacial models can generate 5% to 25% more energy than traditional single-facial panels, due to the use of reflected radiation from the ground.
“In the other plants, DAH panels performed above expectations,” says Wagner, of HCC, which has 11 solar plants in operation, two in Rio Grande do Sul, seven in Mato Grosso do Sul and two in Goiás.
“The coding also favors EPC specialists, who are able to operate the plant at the expected capacity, avoiding penalties, as well as attracting consumers and investors in a controlled environment, in a clean energy investment fund with excellent profitability,” he concludes. (press office)