AES Tietê was authorized by the National Electric Energy Agency (Aneel) to start the commercial operation of the Guaimbê 3 solar power generation complex.
The plant is located in the municipality of Guaimbê, in the interior of São Paulo, and includes a solar complex whose acquisition by AES Tietê was completed last month.
At the time, the investment arm in generation of the American AES in Brazil said that the operation involved 607 million reais.
The 150-megawatt Guaimbê solar complex is expected to generate an annual increase of R $ 75 million to R $ 85 million from AES Tietê's earnings before interest, taxes, depreciation and amortization (Ebitda).
Country updates
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October 04, 2018
EDP to supply Banco do Brasil with solar power
Energias de Portugal (EDP) has signed an agreement to install a 5 MW solar power plant in Januária, located in the state of Minas Gerais, south-east Brazil. The plant which will provi...
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October 02, 2018
BNDES approves loan for biomass project in Sao Paulo
Brazil's National Economic and Social Development Bank (BNDES) approved a R$62.9 million financing for the expansion of the cogeneration capacity of Pitangueiras Açúcar e Álco...
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October 01, 2018
BNDES approves R$619 million for the 312.9 MW wind farms in Brazil
There will be installed 149 aerogenerators in the municipalities of Pedra Grande and São Bento do Norte, as well as a transmission line with 32 km Installed capacity will be enough to supply 57...
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September 28, 2018
Vestas to supply 101 MW turbines to Echoenergia in Brazil
Vestas has received a 101 MW order to supply and install 24 V150-4.2 MW wind turbines for a wind park in Serra do Mel, a municipality in the state of Rio Grande do Norte, north-east Brazil. The order...
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September 28, 2018
Eletrobras closes sale of interests in 1,605 MW renewable energy assets
Through an energy tender held, Brazilian electric utility Centrais Eletricas Brasileiras (Eletrobras) has closed the sale of its interests in 64 special purpose entities (SPE) in 11 lot...
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