This report aimed to perform a techno-economic analysis of a photovoltaic solar project in order to provide energy to a bilateral Power Purchase Agreement (PPA) and to produce hydrogen in the Northeast of Brazil. For this, three different scenarios were modeled on Microsoft Excel, with total capacities of 100, 1,000 and 2,000 MW, respectively, to which were determined the modified internal rate of return (MIRR), the discounted cash flow and the net present value (NPV) to the firm and to the shareholders. Furthermore, three different sensibilities were performed for each scenario, all of them in respect of the energy s percentage destined to the PPA, in order to evaluate the impact that some assumptions had on the financial model. According to the obtained results, the project should be done for all scenarios, given that the value creations to the firm were, for scenarios 1, 2 and 3, respectively, 1.84 percent, 1.83 percent and 1.94 percent. This conclusion is also based on the average value of the Return on Invested Capital (ROIC), which is around 68 percent higher than the average Weighted Average Cost of Capital (WACC) of the scenarios. Beyond that, all the NPVs and discounted cash flows to the firm and to the shareholders were positive, which also indicates that the project should be done. However, the Return on Equity (ROE) is lower than the cost of equity capital for the three scenarios (around 60 percent), which is a disadvantage for the project s feasibility. Moreover, the average payback time of the three scenarios is about 12 years. Finally, the sensibilities showed that a higher revenue percentage from the long-term PPA is better for the project than the hydrogen production, since all analyses for the three scenarios indicated higher returns with this change, such as the payback of around 10 years and the value creation of over 3.0 percent.