The project will see the Mineirão and Mineirinho stadiums, located in Belo Horizonte, outfitted with rooftop photovoltaic systems, which hold a combined capacity of 2.6MW. Electricity produced by the project will be fed into the grid so that Brazilian consumers can benefit from the solar electricity.
Total investment for the project is projected at €14.25 million (US$18.7 million). The KfW loan will help fund the project and includes funds from the BMZ for interest reduction and a contribution of €4.25 million (US$5.6 million) from CEMIG. Further, the Deutsche Gesellschaft für Internationale Zusammenarbeit plans to support CEMIG in marketing the solar electricity and training technical personnel.
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