The Tech Capital: Faro Energy to invest $20m in solar farms for TIM Brasil’s network infrastructure
The Tech Capital covered the news that solar energy provider Faro Energy and telecoms operator TIM Brasil have entered into an agreement to expand TIM’s power provisioning through the usage of solar power.
Under the deal, Faro Energy will invest R$ 100 million (US$ 19,1 million) in the construction of five new solar parks. The energy giant will also provide operational and upkeeping services. The article quotes Faro Energy CEO Pedro Mateus. Read the piece here.