AES Tiete Energia has formed a joint venture with the Brazilian chemical company, Unipar Carbocloro SA, to develop a 155 MW wind farm in the State of Bahia.
The wind project will be developed in the cities of Tucano, Biritinga, and Araciin in 2021. The wind farm will require an investment of about BRL4 million (US$963,000) per MW installed.
Unipar Carbocloro will purchase 60 average megawatts (MWa) of the energy produced by the wind project under a 20-year power purchase agreement deal.
Country updates
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November 20, 2019
Petrobras agrees sale of Liquigas to Copagaz, Nacional Gás Butano
Brazil’s state-owned Petrobras has entered into an agreement with Copagaz and Nacional Gás Butano for the sale of its LPG unit, Liquigas, for a total consideration of BRL3.7 bil...
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November 19, 2019
Canadian Solar wins 190.5 MWp Brazilian solar PV projects
Canadian Solar has been awarded two solar photovoltaic projects totaling 190.5 MWp in the 7th Brazilian Federal Auction held in October 2019. The Brazilian government allocated a total of 2,979 M...
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November 12, 2019
Total Eren to develop a 67.3 MW wind project in Areia Branca
Total Eren SA is planning to develop a BRL350 million (US$84 million) worth of investment in Brazil. The 67.3 MW wind park is to be located in Areia Branca, in Brazil's Rio Grande do Norte state. It...
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October 29, 2019
Brazil approves sale of 81.5% stakes in Cosan Biomassa
Brazil’s antitrust agency CADE (Administrative Council for Economic Defense) has approved the bid of Royal Dutch Shell Plc to acquire the 81.5% stake in Cosan Biomassa from Raizen Ener...
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October 28, 2019
AES Tiete ends deal with Renova for 743 MW Alto Sertao III wind project sale
AES Tiete Energia SA has ended the deal with Renova Energia SA for the sale of the 743 MW Alto Sertao III wind power complex plus a 1.1-GW wind project pipeline. The two companies have fai...
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