05/03/2021 13h00

GreenYellow invests R$ 29 million in the construction of 3 new solar plants in São Paulo with the support from InvestSP

Energy solutions company to complete the construction of its plants in Riolândia, Coroados and Presidente Epitácio by the end of 2021

InvestSP

GreenYellow, a French energy solutions company, is expected to complete the construction of three other photovoltaic solar plants in São Paulo by the end of 2021.The units are being built in three cities in the state of São Paulo in different regions:Riolândia, Coroados and Presidente Epitácio.The total investment in the construction of the plants is R$ 29 million.

Brazil has a huge potential to generate solar energy and, with the urgency of the environmental issue, GreenYellow has seen an increase in demand for low-impact energy solutions.When the three new plants are fully operational, they will prevent 1,440 tons of CO² from being emitted into the atmosphere.

“In addition to the economic bias, represented by robust investments, there is also the environmental aspect, which attracts the attention of society in a very positive way, since it contributes to the generation of clean energy,” says Marcelo Varlese, commercial director of GreenYellow.

InvestSP, which worked with GreenYellow in the implementation of the plants already in operation in Penápolis and Barbosa, provides support in the construction its new plants.“Respect for the environment is already a reality in the strategy of operation of large companies.GreenYellow’s business model enables a cleaner and more efficient way of consuming energy.This shows that we are able to grow while respecting the environment.And that is a major concern in the state of São Paulo,” says Wilson Mello, president of InvestSP.

At the beginning of 2021, GreenYellow announced its plan to invest R$ 350 million in the country and allocate R$ 270 million of that sum to the generation of photovoltaic energy.The company currently has 46 plants in operation or under construction in Brazil, eleven of which are in the state of São Paulo, being responsible for 27% of the company's installed capacity in the country.