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07/20/2023

GreenYellow installs four solar plants in Brazil to supply the Lojas Quero-Quero chain of DIY stores

Non-food retail

Solar Photovoltaic

GreenYellow installs four solar plants in Brazil to supply the Lojas Quero-Quero chain of DIY stores

The plants, located in the states of Rio Grande do Sul and Paraná, have a total capacity of 5.63 MW, and the photovoltaic farms plan to provide a total installed capacity of 7800 kWp. Once all six plants are connected, they will guarantee the smooth operation of the retailer's network, which includes over 500 stores.

In recent months, four of the six solar plants contracted for 2021 with Rio Grande do Sul retailer Lojas Quero-Quero have been connected to concessionaire grids in the south of the country. As a result, the 7800 kWp installed capacity agreement has already delivered 5.63 MWp, which will power 60% of the company's store operations.

According to Peter Furukawa, CEO of Lojas Quero-Quero, adopting solar energy as the basis of the company's operations is a way for it to join the vast energy transition movement currently being promoted by Brazil. This choice has enabled the country to make rapid progress in the world rankings of the fastest-growing countries in this field.

"It is very positive for our company to opt for the use of photovoltaic energy for several reasons, such as alignment with the ESG (Environment, Social and Governance) concept, the exploitation of an abundant resource in Brazil and, also, cost reduction", says Peter Furukawa.

According to Marcelo Xavier, General Manager of GreenYellow Brazil, the other two solar plants included in the contract, located in Guaíba (RS) and Mondaí (SC) and currently under construction, should be connected to the power grid in the second half of this year.

"GreenYellow is proud to be associated with companies such as Lojas Quero-Quero, as a supplier of clean energy through our distributed power generation projects. We consider this opportunity a privilege and a great responsibility. Brazil's retail sector has considerable growth potential, with around 4.8 million businesses currently in operation", adds Marcelo Xavier.