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    Engie Brasil acquires solar farms from GIP in $646 million deal

    Feb 24,2024 | DAXTROMNSOLAR

    Engie Brasil, a subsidiary of French electric utility company Engie, has recently announced its acquisition of a portfolio of solar farms in Brazil for $646 million. The deal, expected to be completed by early 2023, involves the purchase of seven solar projects with a combined capacity of 508 MW from Global Infrastructure Partners (GIP). This acquisition is in line with Engie's strategy to expand its renewable energy portfolio and increase its presence in the Brazilian solar market.
    The purchased solar farms are located in the northeastern state of Bahia, which boasts excellent sunshine and suitable conditions for solar energy generation. With the addition of these projects, Engie will substantially boost its clean energy production in Brazil, contributing to the country's transition towards a more sustainable and low-carbon energy system.
    Brazil has experienced significant growth in its solar energy sector in recent years, driven by supportive government policies and the falling cost of solar photovoltaic technology. Engie's investment in these solar farms aligns with the country's increasing demand for renewable energy sources and its commitment to combat climate change.
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    The Daxtromn Power 2xMPPT Inverter with Charger is not just an inverter – it is an all-in-one solution that combines a solar controller, inverter, uninterruptible power supply, AC charger, and solar charger. Its unique design allows it to prioritize solar energy usage, making it the primary power source and seamlessly switching to grid power as a backup when required. This feature not only reduces electricity bills but also promotes energy independence and sustainability.
    One of the standout features of the Daxtromn Power 2xMPPT Inverter with Charger is its ability to be remotely controlled and monitored. Via a user-friendly interface and remote access, users can conveniently adjust settings, monitor energy production, and identify any issues or malfunctions. This remote management capability enhances convenience and peace of mind for homeowners, making it an ideal solution for home energy storage.
    Investing in the Daxtromn Power 2xMPPT Inverter with Charger not only enables individuals to make the most of solar energy but also contributes to a greener future. By reducing dependency on fossil fuels and minimizing carbon emissions, this product plays a vital role in combating climate change and preserving our planet for future generations.
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    In conclusion, the acquisition of solar farms by Engie Brasil demonstrates the growing momentum of renewable energy in Brazil. With its commitment to expanding its clean energy portfolio, Engie will contribute to the country's sustainable development and the fight against climate change. Furthermore, the Daxtromn Power 2xMPPT Inverter with Charger emerges as a game-changing product, enabling homeowners to prioritize solar energy usage and enhance energy self-sufficiency. By harnessing solar power, individuals can reduce their environmental footprint and pave the way for a more sustainable future.
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