Braskem is one of the world’s leading producers of thermoplastic resin, listed on the São Paulo, New-York and Madrid stock exchanges and is investing to increase the share of renewable and sustainable energy in its global energy mix. Braskem will purchase electricity generated by the SSM 1&2 plants under a 20-year contract. The other SSM 1&2 power sales contracts have maturities ranging from 10 to 20 years. Once these contracts end, Voltalia will sell the production through new short- or long-term private power sales contracts.
Thanks to Braskem’s contract, the SSM 1&2 solar plant will reach an installed capacity of 270 MW, making it Voltalia’s biggest solar project globally. Its construction is expected to start in the second half of 2020, with a commissioning date in the first half of 2022.