What is the latest status of the project “Francisco Sa and Jaiba Solar PV Plants”?

The status recorded for “Francisco Sa and Jaiba Solar PV Plants” is Active.

Who are the main government, EPC, and private stakeholders for “Francisco Sa and Jaiba Solar PV Plants”?

Taiyo maps the stakeholders of “Francisco Sa and Jaiba Solar PV Plants”: government bodies (World Bank Group), EPCs/contractors (Canadian Solar Inc.).

What is the budget and commercial profile for the project “Francisco Sa and Jaiba Solar PV Plants”?

Taiyo normalizes the budget of “Francisco Sa and Jaiba Solar PV Plants” to USD 117400000.

Where can I verify the source and access all details for “Francisco Sa and Jaiba Solar PV Plants”?

This Taiyo project page references World Bank Group along with the original URL (https://ppi.worldbank.org/en/snapshots/project/francisco-sa-and-jaiba-solar-pv-plants-10455). Taiyo standardizes official data into a consistent, searchable project profile.

Francisco Sa and Jaiba Solar PV Plants

Sector: Commercial • Location: Brazil

Source: World Bank Group

Project

Active

The project involves the development, construction and operation of 2 solar PV plants in Minas Gerais, Brazil with a total capacity of 226.7MWp - 114.3 MWp Francisco Sa and 112.4 MWp Jaiba plants. The projects were awarded in Brazil's A-4 federal auction in April 2018. The produced energy will be sold to Brazilian Electric Power Commercialization Chamber (CCEE) under 20-year, inflation-adjusted PP

Status: Prospective
Sector: Commercial, Power Generation (CCGT), Solar, Manufacturing (Industrial), Government
Location: Brazil
Updated: 22 Jul 2026
Source: World Bank Group

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Project Information

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The project “Francisco Sa and Jaiba Solar PV Plants” is an infrastructure initiative in the Commercial sector, located in Brazil. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency
Company

Status

Original status	Active
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The project involves the development, construction and operation of 2 solar PV plants in Minas Gerais, Brazil with a total capacity of 226.7MWp - 114.3 MWp Francisco Sa and 112.4 MWp Jaiba plants. The projects were awarded in Brazil's A-4 federal auction in April 2018. The produced energy will be sold to Brazilian Electric Power Commercialization Chamber (CCEE) under 20-year, inflation-adjusted PPAs awarded at a base price of BRL 118/MWh (approximately $29/MWh). Canadian Solar Inc. secured BRL 487 million ($117.4 million) in non-recourse project financing from Banco do Nordeste do Brasil SA (BNB) in August 2019. The plants are expected to start construction in Q4 2019 and reach commercial operation in 2021. http://investors.canadiansolar.com/news-releases/news-release-details/canadian-solar-secures-additional-487-million-brazilian-reais
Original sector	Energy
Budget

Location

Country

Brazil

Source

Source	World Bank Group
URL

More Details

Record type	Project
Sector	Commercial, Power Generation (CCGT), Solar, Manufacturing (Industrial), Government
Article published date	2024-05-28

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Francisco Sa and Jaiba Solar PV Plants

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