EDP ​​Renováveis to invest more than BRL3bn (US$757 million) in Brazil

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EDP ​​Renováveis to invest more than BRL3bn (US$757 million) in Brazil

The leader in the wind energy sector, the Brazilian state of Rio Grande do Norte (RN) will receive more investments to generate clean energy. Company EDP Renováveis (EDP) has ​​presented to the state government the project of introduction of 20 wind parks in the next five years. EDP ​​was the company that won the auctions promoted by the federal government for the introduction of wind energy in the RN.

The new project involves the construction of four complexes and 20 new wind farms, reaching cities which previously did not benefit from renewable energy. The municipalities in this stage will be Jandaíra, Touros, Lajes, São Tomé, Cerro Corá, Pedra Preta and Pedro Avelino.

EDP already operates eight parks in the municipalities of Parazinho, Jandaíra and Touros. RN governor Fatima Bezerra highlighted the social transformation that occurs in cities with the arrival of an investment of this size. "The entire local economy is impacted, from the bakery to the supermarket, in addition to generating employment and income," said Fátima.

One of the world's leaders in the renewable energy sector and the fourth largest wind generator in the world, EDP is in 12 countries, including Brazil. Currently, it has 11GW of installed capacity. The company also develops social impact programs in the regions where they operate. For example, in the municipality of Parazinho, they carried out projects in the area of rural education and training in partnership with Sebrae.

"We have a mission to positively impact the locations where we undertake, we invest in projects focused on the specifics of each region. With a study on the climate conditions and soil characteristics, to empower small farmers, with the objective of helping them from planting to selling their products, "said Felipe Domingues, EDP's financial director.

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