Tag Archives: Brazil

GIC and Iberdrola close strategic alliance to develop transmission networks in Brazil for 456 million euros

Iberdrola and GIC, Singapore’s sovereign fund, and one of the world’s main institutional investors, have closed a strategic agreement to develop transmission networks in Brazil for 2.4 billion Brazilian reals (456 million euros). The agreement, which was first announced in April, now has the approval of both the National Electrical Energy Agency (ANEEL) and the … Continue reading GIC and Iberdrola close strategic alliance to develop transmission networks in Brazil for 456 million euros

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Petrobras presents ambitious plan to lead Brazil’s offshore wind energy

Brazil’s vast coastline and strong winds make it an ideal candidate for the development of offshore wind energy. Energy planning agency EPE estimated offshore wind potential along Brazil’s coast at 700GW, while the World Bank suggests a theoretical potential of 1,200GW. Companies such as Shell, Corio, Iberdrola and TotalEnergies have also expressed interest in taking … Continue reading Petrobras presents ambitious plan to lead Brazil’s offshore wind energy

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Petrobras and WEG partner to develop wind turbines in Brazil

Brazilian state-run oil firm Petrobras (PETR4.SA) and motor maker WEG SA (WEGE3.SA) on Tuesday said they were partnering to develop the most powerful wind turbine made in the country. Petrobras will invest 130 million reais ($26.8 million) over the next 25 months in a 7-megawatt (MW) onshore wind turbine, already under development by WEG, the … Continue reading Petrobras and WEG partner to develop wind turbines in Brazil

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Roberta Cox announced as the new Policy Director, Brazil at the Global Wind Energy Council

The executive will facilitate dialogue between the wind energy industry, government and communities in support of the offshore wind development in the country. The Global Wind Energy Council (GWEC) is delighted to announce an important new hire to its team in Brazil, with Roberta Cox starting as the new Policy Director. With a solid knowledge … Continue reading Roberta Cox announced as the new Policy Director, Brazil at the Global Wind Energy Council

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Statkraft signs agreement to purchase two wind farms (260 MW) in Brazil

Statkraft Energias Renováveis SA (SKER), Statkraft’s subsidiary in Brazil has signed an agreement with EDP Renováveis S.A. (“EDPR”) to acquire the two operational wind farms, Jerusalém and Boqueirão, located in the state of Rio Grande do Norte. The two wind farms consist of 62 wind turbines and have an installed capacity of 260 megawatts (MW). … Continue reading Statkraft signs agreement to purchase two wind farms (260 MW) in Brazil

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Brazil has 189 GW of offshore wind power in the pipeline

Rio Grande do Sul leads with 33% of the capacity registered with Ibama, followed by Ceará and Rio de Janeiro. Brazil has 189 GW of offshore wind projects currently under license at Ibama. Power generation from offshore wind is a still unexplored market in the country, but companies expect it to develop rapidly once the … Continue reading Brazil has 189 GW of offshore wind power in the pipeline

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For the first time, Brazil generates 27% of its electricity with wind power and solar energy

In Brazil, during the month of July, around 27% of total electricity generation came from wind and solar energy. The amount of 14 TWh was the highest recorded so far. The data is from Ember’s Energy & Climate Think Tank, a UK-based company dedicated to combating climate change.In this context, the country enters the list … Continue reading For the first time, Brazil generates 27% of its electricity with wind power and solar energy

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GE Vernova’s Grid Solutions to supply air-insulated substations to Casa dos Ventos’ Serra do Tigre Wind Complex in Brazil

— Grid Solutions, an integral part of the GE Vernova portfolio of energy businesses, has signed a contract with Casa dos Ventos, Brazilian renewable energy company and protagonist in the country’s energy transition, to construct two 500 kV air-insulated substations (AIS) for the Serra do Tigre Wind Complex in the municipalities of Currais Novos and … Continue reading GE Vernova’s Grid Solutions to supply air-insulated substations to Casa dos Ventos’ Serra do Tigre Wind Complex in Brazil

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Neoenergia, Iberdrola’s Brazilian subsidiary, signs its first bilateral green loan with the japanese bank MUFG

Iberdrola, through its Brazilian subsidiary Neoenergia, and Mitsubishi UFJ Financial Group (MUFG) have signed a 150 million Brazilian real (around €28 million) financing agreement to upgrade the distribution network in Neoenergia Brasilia’s concession area, which serves around 1.1 million customers in the Federal District. This is the first bilateral green loan between the two organisations … Continue reading Neoenergia, Iberdrola’s Brazilian subsidiary, signs its first bilateral green loan with the japanese bank MUFG

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Equinor acquires Brazilian onshore renewables company Rio Energy including selected assets

Equinor has signed an agreement with Denham Capital to acquire Rio Energy, a leading onshore renewables company in Brazil. The transaction includes selected assets and the team, while Denham Capital will retain certain assets. With the acquisition, Equinor strengthens its position as a broad energy company in the Brazilian market. “Through Rio Energy, Equinor will … Continue reading Equinor acquires Brazilian onshore renewables company Rio Energy including selected assets

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Wind power generation reaches 19,000 megawatts and breaks records in Brazil

The value represents 27.8% of national demand; country must qualify to work in the production of offshore wind energy. Wind energy production in Brazil reached more than 19,000 megawatts of energy in 2023, according to data from the National System Operator (ONS). The value represents 27.8% of the national demand and marks a record in … Continue reading Wind power generation reaches 19,000 megawatts and breaks records in Brazil

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Iberdrola seals a strategic alliance with GIC for the expansion of transport networks in Brazil

Iberdrola is making significant progress in its 2023-2025 Strategic Plan. The company has signed a strategic agreement with GIC, a leading institutional investors, for the development of transmission networks in Brazil for 2.4 billion Brazilian reais – 430 million euros – as communicated today to the National Securities Market Commission (CNMV).   Both companies will … Continue reading Iberdrola seals a strategic alliance with GIC for the expansion of transport networks in Brazil

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ArcelorMittal and Casa dos Ventos will invest in wind power in Bahia, Brazil

The steel company ArcelorMittal and the renewable energy generator Casa dos Ventos announced on Tuesday the creation of a joint venture for a wind energy park in Bahia, with a capacity of 554 megawatts (MW) and total investments of US$800 million. Located in the Babilônia Complex, under development by Casa dos Ventos, the project will … Continue reading ArcelorMittal and Casa dos Ventos will invest in wind power in Bahia, Brazil

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Brazil is already the fifth country that generates wind energy

Brazil is already the fifth country that generates wind energy and it also occupied the new position in the world ranking of accumulated wind generation capacity. This greater diversification of energy sources, cheaper rates and better quality clean energy for the Brazilian population. This is the perspective of the electricity sector in the coming years … Continue reading Brazil is already the fifth country that generates wind energy

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Brazil installed 1,485 MW of wind power in the first quarter of 2023

The Brazilian electricity matrix closed the first quarter of 2023 with an expansion of 2,746.5 megawatts (MW), double the growth of 1,367 MW seen in the same period of 2022. Until March 31, the National Electric Power Agency ( ANEEL) registered the entry into commercial operation of 82 plants, of which 44 are wind (1,485 … Continue reading Brazil installed 1,485 MW of wind power in the first quarter of 2023

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Wind energy capacity will break records this year in Brazil

Until February of this year, Brazil had installed 890 wind farms in 12 Brazilian states. There are 25.04 gigawatts (GW) of wind capacity in commercial operation, benefiting 108.7 million inhabitants.Vestas leads the manufacture of wind turbines. Of that total, 85% are in the Northeast Region. According to the Brazilian Association of Wind Energy (Abeeólica), by … Continue reading Wind energy capacity will break records this year in Brazil

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Vestas wins 1.3 GW wind order with Casa dos Ventos in Brazil

Vestas has signed an agreement with Casa dos Ventos for two projects in Brazil: the Serra do Tigre wind farm in the state of Rio Grande do Norte and Babilônia Centro in the state of Bahia. The projects have a total capacity of 1.3 GW once fully installed, making it the largest onshore wind turbine … Continue reading Vestas wins 1.3 GW wind order with Casa dos Ventos in Brazil

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Galán assures Lula da Silva that Iberdrola will be Brazil’s faithful ally in its energy transition

The Chairman of Iberdrola, Ignacio Galán, today assured the President of Brazil, Luiz Inácio Lula da Silva, that Iberdrola will be a loyal ally in the country’s energy transition. This was expressed during their visit to the company’s first hybrid complex in Brazil. Located in the interior of Paraíba, in the northeast of the country, … Continue reading Galán assures Lula da Silva that Iberdrola will be Brazil’s faithful ally in its energy transition

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Brazil could add 217 GW in solar and wind energy capacity by 2030

Brazil could add 217 GW in solar and wind generation capacity by 2030, shows an analysis by the Global Energy Monitor (GEM). This potential would be reached if all the new large projects (centralized generation) planned in the country were executed by the end of the decade. According to the study, Brazil has a prospective … Continue reading Brazil could add 217 GW in solar and wind energy capacity by 2030

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Petrobras and Equinor sign agreement to evaluate seven offshore wind projects in Brazil

During CERAWeek, Petrobras and Equinor have signed a letter of intent that expands the cooperation between the two companies to assess seven offshore wind power generation projects. The letter of intent expands the cooperation between the two companies to assess the technical, economic, and environmental feasibility of seven offshore wind power generation projects off the … Continue reading Petrobras and Equinor sign agreement to evaluate seven offshore wind projects in Brazil

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