The Brazilian Portfolio in Renewables Includes Wind, Solar, and Thermal Operations with a Capacity Maximization Goal of 250 MW
The Brazilian energy company Servtec, in partnership with private equity manager Darby, acquired 64 MW of renewable energy assets in Brazil, said CEO Pedro Fiuza to Reuters on Thursday (5).
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Darby, part of American Franklin Templeton Investments, and Servtec purchased the Dunas do Paracuru wind farm of 42 MW and the small hydroelectric power plant (PCH) Inxu of 22 MW from the Spanish group Inveravante for an undisclosed amount.
The transaction includes the assumption of debts with the National Bank for Economic and Social Development (BNDES) and the Bank of Northeast (BNB). Servtec will first focus on improving the performance of the assets, but at a later stage will consider refinancing the plants to reduce costs, according to the report.
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Advancement in renewable energy: A R$ 150 million project launched by Petrobras and Finep aims to create state-of-the-art electrolyzers for green hydrogen, strengthening national research and preparing Brazil to compete in a billion-dollar energy market.
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Illiterate or semi-literate grandmothers were trained to repair solar systems, open rural workshops, and light up homes that still depended on kerosene.
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The world has bet on green hydrogen as the fuel of the future, but now faces the side effect: producing 1 kilogram requires about 9 liters of ultrapure water, and the largest projects on the planet are precisely in the driest regions of the Earth, where water is already scarce for people.
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Africa has about 500,000 cell towers and most still burn diesel to operate, while companies rush to cover antennas with solar energy and avoid signal blackouts.
Renewable Operations of the Brazilian Company and Installation Capacity
With this transaction, Servtec’s portfolio of operational wind installations and PCHs in Brazil grows to 173 MW. The company also has thermal power plants and distributed solar generation (DG).
Together, Servtec and Darby are looking to increase their DG solar energy portfolio to 250 MW by the end of 2021.

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