Brazil's Superintendency for the Development of the Northeast (Sudene) has granted a BRL83.8 million (USD 16.9 million) loan to support the financing of a 34.8-MW wind power project located in the state of Bahia, Brazil.
The Northeast Development Fund (FDNE) of Sudene, which will provide a total of BRL 122.7 million (US$24.77 million) to support the project, is the source of the funding, according to the Brazilian government agency. The wind park will have six turbines and cost BRL 207.6 million (US$41.91 million) to build.
The wind project will be developed by Serena Energia SA, formerly known as Omega Energia and is a part of the Assurua Wind Complex. The Assurua complex has a total capacity of 808 MW and consists of 15 wind parks, featuring a total of 240 wind turbines. The wind complex will be developed in two phases, the first phase of the wind facility will have a capacity of 540 MW and features 120 V150-4.5 MW turbines. It consists of 15 wind parks, featuring a total of 240 wind turbines.
New Fortress Energy (NFE) has signed agreements to secure up to US$575 million in financing to complete the construction of its 630 MW Barcarena power plant in Brazil.
Read moreThe National Bank for Economic and Social Development (BNDES) and the Ministry of the Environment and Climate Change (MMA) relaunched the National Fund on Climate Change.
Read moreFepam, the environmental protection agency in Rio Grande do Sul, Brazil, has granted the preliminary license (LP) for the 643.5 MW Harmonia wind power complex located in Rio Grande do Sul, Brazil.
Read moreIberdrola has announced plans to invest BRL30 billion (approximately US$5.6 billion) in Brazil over the next three years. The announcement came during the unveiling of the Neoenergia Renewable Energy Complex, located in the northeast of the country.
Read more
EDP Renovaveis SA (EDPR) is planning to build a 123 MW wind park in Brazil’s northeastern Paraiba state.
Read more