Voltalia announced on that STOA is acquiring a 33% equity stake in Ventos Serra do Mel III (VSM 3), Voltalia’s 152 MW greenfield wind farm, located in Rio Grande do Norte, Brazil.
Following the closing of the transaction, the plant is 57% owned by Voltalia, 33% by STOA, and the remaining 10% by a local partner. The project is set to offset around 90,000 tons of equivalent CO2 per year.
The new wind plant is currently under construction and has a 20-year power purchase agreement (PPA) with Brazilian public utility CEMIG.
The wind farm will be equipped with 3.5 MW Siemens Gamesa turbines. DoisA will provide services related to civil works, SETA and WEG will work on the electrical balance of plant. The first wind turbines are expected to be completed during the 4th quarter of the year with full operation to be reached in 2nd quarter of 2021.
CGN Brasil Energia has signed the main contracts for works involving the expansion of the Lagoa do Barro wind farm, resulting from the A-6/2019 Energy Auction. The project involves an increase of...
Read moreThe Administrative Council for Economic Defense (CADE) of Brazil has approved the acquisition of up to 420 MW wind portfolio by AES Tiete Energia SA. The deal covers the sale of 14 spe...
Read moreNorwegian state-owned energy company Statkraft AS is set to break ground for the construction of a 519 MW wind complex in Brazil by January 2021. The company will invest up to BRL.5 billion (US$...
Read moreThe Ministry of Mines and Energy (MME) of Brazil has started the commercial operation of the 30 MW Phase III of the 312 MW Coremas photovoltaic (PV) complex in Paraiba state. The ...
Read moreNeoenergia, a subsidiary of Iberdrola, is set to purchase a 400 MW wind portfolio in Brazil from PEC Energia. The projects that compose the portfolio are located in the Serra da Gameleira...
Read more