Equinor Completes Hybrid Renewable Power Complex in Brazil [Yahoo! Finance]
Equinor ASA (EQNR)
Last equinor asa earnings: 2/6 12:43 am
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Source: Yahoo! Finance
Co-located with the existing 223-MW Serra da Babilônia Wind, the solar unit completes the Norwegian majority state-owned company's first hybrid power complex, Equinor said in an online statement. The wind farm came online 2018, before Equinor took over through the acquisition of Rio Energy in 2023. "Accumulated annual production from Serra da Babilônia Solar is estimated at 236 GWh of power per year, which is equivalent to the consumption of 143,000 Brazilian households", Equinor said. "The produced energy will be sold in the Brazilian power market by Equinor's energy trading house, Danske Commodities". "Hybrid projects take advantage of the complementary nature of solar and wind resources, which generate power at different times of the day and throughout different seasons", it said. "This helps to reduce the intermittency associated with renewable power generation and enhance grid stability. "Further, Serra da Babilônia Solar leverages synergies from the operating wind facilit
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EQNR
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- 12/2/25 - Form 6-K
- EQNR's page on the SEC website