Renova cancels 188 MW of wind projects in Brazil

Brazil's renewable power generation company Renova Energia SA has announced it has canceled 188.2  MW of wind projects in Brazil.

The company has cancelled its Umburanas complex, with a total capacity of 178 MW, and the Alto Sertao III wind park of 10.2 MW. Some of the projects of the Umburanas complex in our database are:

• 27 MW Umburanas 1 wind farm
• 27 MW Umburanas 2 wind farm
• 18.9 MW Umburanas 3 wind farm
• 18.9 MW Umburanas 4 wind farm
• 21.6 MW Umburanas 6 wind farm
• 24.3 MW Umburanas 7 wind farm

After terminating these contracts, the company has reduced its 2020 installed capacity target from 2 GW to 1.6 GW. It will contribute to reduce the need for investment in the medium term and mitigate risks from the delays that some wind farms have suffered.

Last January, Renova Energia was to Alto Sertao II wind farm to the Brazilian unit of AES Corp, known as AES Brasil, for BRL600 million to BRL700 million.