TTS Energia wins tender to build 5 MW solar plant for Cemig SIM in Minas Gerais
Type: Development · Technology: Solar · Country: Brazil · Capacity: 5 MW · Value: $8.7M · Announced: 2026-03-11
TTS Energia will construct a 5 MW solar photovoltaic (PV) plant in Minas Gerais for Cemig SIM, which will own and operate the facility. This marks TTS Energia's inaugural successful bid in a competitive tender, expanding its footprint in Brazil's rapidly growing distributed generation market.
Analysis
TTS Energia secured its inaugural competitive tender, winning the engineering, procurement, and construction contract for a 5 MW solar photovoltaic plant in Jequitibá, Minas Gerais. Valued at $8.7 million USD, this development project will see TTS Energia build the facility for Cemig SIM, which will subsequently own and operate the asset. This structure allows Cemig SIM, a subsidiary of the integrated utility Cemig Group, to expand its generation portfolio directly, leveraging an external EPC specialist for construction. The deal provides TTS Energia with a crucial reference project in Brazil's distributed generation sector, validating its competitive offering and establishing a track record with a major Brazilian utility. For Cemig SIM, the 5 MW plant represents a targeted addition to its operational capacity within its home state of Minas Gerais. Cemig Group, a prominent integrated utility headquartered in Belo Horizonte, manages over 5 GW of generation capacity across Brazil, making this 5 MW solar addition a strategic, albeit modest, expansion of its owned assets. The utility's decision to develop and own this plant through Cemig SIM reinforces its commitment to controlling its energy supply chain, particularly within Minas Gerais. For TTS Energia, this successful bid represents a pivotal moment, transitioning from an energy sector company to a proven competitive player in Brazil's rapidly expanding distributed generation market. This $8.7 million USD contract in Jequitibá directly contributes to the broader growth of solar capacity in Brazil, with Cemig Group continuing to build out its generation footprint.
Key points
- TTS Energia's inaugural successful bid in a competitive tender.
- The 5 MW solar plant is valued at $8.7 million USD.
- Cemig Group manages over 5 GW of generation capacity.
- The project is located in Jequitibá, Minas Gerais, Brazil.
- Cemig SIM will own and operate the 5 MW facility.
Counterparties
- TTS Energia (Epc)
- Cemig Group (Developer)
- Cemig Group (Parent Company)