Solar photovoltaic client case study – MAGAZINE LUIZA

The family retail business, Magazine Luiza, is one of Brazil’s leading retail conglomerates.

Project context

MAGAZINE LUIZA, has launched a distributed generation project to supply solar energy and better manage this resource in its retail network. The aim of the contract is to supply the Magalu retail chain with energy generated by plants in São Paulo, Goianésia, Caranara, and Florestópolis. The agreement also provides for the operation and maintenance of the plants. In addition to the economically attractive objective of reducing electricity bills, Magazine Luiza is also keen to promote CSR actions.

Do you have similar challenges?

Project highlights

Accelerating the Group’s energy transition
Supplying energy from renewable sources

Ground mounted solar plant
Grid injection
Rental model in 270 stores
+11,500 panels installed
Equivalent to powering 6,679 households

Significant action by one of the country’s leading retail conglomerates, demonstrating the value it places on ESG guidelines
Lower energy costs thanks to lower energy prices
Reducing carbon footprint
Guaranteed long-term energy

Type of contract: PPA | Ground mounted
Number of sites: 4 in operation, 1 under development
Start of contract: 2021
Length of contrat: 10 years