What is the latest status of the project “Lavras Solar Plant”?

The status recorded for “Lavras Solar Plant” is active.

Who are the main government, EPC, and private stakeholders for “Lavras Solar Plant”?

Taiyo maps the stakeholders of “Lavras Solar Plant”: government bodies (World Bank Group).

What is the budget and commercial profile for the project “Lavras Solar Plant”?

Taiyo normalizes the budget of “Lavras Solar Plant” to USD 55000000.

Where can I verify the source and access all details for “Lavras Solar Plant”?

This Taiyo project page references World Bank Group along with the original URL (https://ppi.worldbank.org/en/snapshots/project/lavras-solar-plant-10645). Taiyo standardizes official data into a consistent, searchable project profile.

Lavras Solar Plant

Sector: Commercial • Location: Ceara, Brazil

Source: World Bank Group

Project

Active

The project involves the design, construction, operation and maintenance of a 152.4 MW Lavras solar PV plant in Ceara, Brazil. The project was awarded during Brazil's A-4 auction in April 2018 with 20-year PPAs with the Brazilian Electric Power Commercialization Chamber . The sponsors are Canadian Solar Inc. and Nebras Power Investment BV, a Dutch affiliate of Nebras Q.P.S.C. The project secured

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

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Project Information

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The project “Lavras Solar Plant” is an infrastructure initiative in the Commercial sector, located in Ceara, Brazil. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

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 design, construction, operation and maintenance of a 152.4 MW Lavras solar PV plant in Ceara, Brazil. The project was awarded during Brazil's A-4 auction in April 2018 with 20-year PPAs with the Brazilian Electric Power Commercialization Chamber . The sponsors are Canadian Solar Inc. and Nebras Power Investment BV, a Dutch affiliate of Nebras Q.P.S.C. The project secured BRL 225.2 million ($55 million) from Banco do Nordeste do Brasil (BNB). Financial close was reached in February 2020. The construction is expected to start in Q2 2020 and reach commercial operation in 2021. https://www.prnewswire.com/news-releases/canadian-solar-secures-225-2-million-brazilian-reais-financing-for-lavras-project-in-brazil-301001714.html https://ijglobal.com/articles/145542/canadian-solar-closes-loan-for-brazilian-pv
Original sector	Energy
Budget

Location

Country	Brazil
State	Ceara

Source

Source	World Bank Group
URL

More Details

Record type	Project
Sector	Commercial, Power Generation (CCGT), Solar, Government
Article published date	2024-05-22

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