A new consortium, formed by Mitsubishi Power Americas, Inc. and engineering company CONSAG, has signed an agreement with Portocem Geração de Energia S.A. for the engineering, procurement, and construction (EPC) of the Portocem Thermoelectric Power Plant (UTE Portocem) in Brazil. The start of the project’s construction was marked with a groundbreaking ceremony on May 5th, 2023.
Portocem Geração de Energia S.A. was the biggest winner of the first Power Capacity Reserve Auction in Brazil, held in December 2021, to contract power for the National Interconnected System (SIN).
Per the agreement, Mitsubishi Power will supply four M501JAC enhanced air-cooled gas turbines while CONSAG will be responsible for supplying the balance of plant (BoP), utilities, civil works, assembly, and commissioning of the plant as well as the implementation of transmission lines and substations supplying the BoP.
UTE Portocem will be one of the largest power plants ever built in Latin America and will boast 1.6 gigawatts (GW) of installed capacity. The project is designed to provide reliable energy to the national grid in Brazil, supplying much-needed additional capacity to back the existing reliance on intermittent energy coming from renewable sources. UTE Portocem will be constructed in the Pecém Industrial and Port Complex, located in the metropolitan region of Fortaleza.
“The UTE Portocem power plant is a historic project for Brazil, allowing for an efficient energy transition and ensuring the reliability of the national electrical system. We are proud to participate in this project and also to maintain market leadership in this segment,” said Eric Shigetomi, Vice President of Sales for South America at Mitsubishi Power Americas.
“We are happy with this partnership. Portocem has selected state-of-the-art technology by choosing Mitsubishi Power and a construction company with extensive experience in building this type of project – CONSAG,” said Ronan Dias, CEO of Portocem. “Together, they will help us transform the region into an important natural gas hub in Latin America, attracting several other sustainable investments.”
“The construction of the Portocem Thermoelectric Power Plant in partnership with Portocem and Mitsubishi Power is an important milestone in the history of CONSAG, reinforcing the Group’s position as a major player in the energy and infrastructure sector in Brazil and worldwide. We appreciate the trust and wish much success in the implementation and operation of this venture,” adds Daniel Breanza, Business Director at CONSAG.
SOURCE: Businesswire