Casa dos Ventos has signed a long-term power purchase agreement with Brazilian shoemaker Vulcabras.
Vulcabras' Ceara and Bahia units will offtake power from the 504 MW Rio do Vento complex in Rio Grande do Norte.
In addition to the 13-year PPA, Vulcabaras can acquire shares to become self-producer.
Country updates
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April 27, 2020
Neoenergia's 566.5 MW Oitis wind farm complex enters REIDI scheme
The portion of the 566.5 MW Oitis wind farm complex project has entered into the national Incentive Regime for Infrastructure Development (REIDI) scheme in Brazil. REIDI is a tax incentive scheme...
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April 24, 2020
TPG enters agreement to acquire 49.5% stakes in Manaus Transmissora de Energia (MTE)
Evoltz, a unit of Texas Pacific Group (TPG Group), has entered into an agreement to acquire a 49.5% stake in Manaus Transmissora de Energia (MTE) from Eletrobras. The BRL232 million (...
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April 23, 2020
Eletrobras starts the test operations of the 123 MW Fortim Wind Complex in Ceara
Centrais Eletricas Brasileiras SA (Eletrobras) has started test operations of the 123 MW Fortim Wind Complex, before entering into commercial operation. The project features of 41 wi...
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April 13, 2020
Siemens Gamesa to supply turbines for 312 MW Tucano wind project in Bahia
Siemens Gamesa has signed a supply contract with AES Corporation for a 312 MW wind project in Brazil. The company will supply 52 SG 5.8-170 to the Tucano wind farm in the state of Bahia. The new orde...
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April 08, 2020
Folha Larga wind project starts operation of its first turbine
The first wind turbine of the 151.2-MW Folha Larga wind complex has started generating power in Bahia state of Brazil. The BRL750 million (US$143.9 million) project is currently developed by Cas...
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