EDP Renewables Will Build Wind Farm in Rio Grande do Norte

Confirming Strong Growth in the Number of Renewable Energy Projects in Brazil, New Plant in Rio Grande do Norte Will Have Installed Capacity of 126 Megawatts and Energy Sale Contract Will Last for 20 Years

EDP Renewables, a company controlled by the Portuguese Energias de Portugal (EDP), announced the construction of a wind farm in Rio Grande do Norte with an installed capacity of 126 megawatts.
The announcement was made last Monday (07/08), after EDP confirmed the sale of the plant’s production for a period of 20 years.

The company plans for the plant to start operating in 2022, and with the energy sale contract already signed for 20 years, other projects, such as Monte Verde VI and Boqueirão I and II, will be made viable.

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The number of renewable energy projects in Brazil has increased substantially with the implementation of the so-called free electricity market, which consists of selling future energy to private companies.

With this new wind farm project in Rio Grande do Norte, EDP reaches 3.3 gigawatts and continues to pursue its global goal outlined in its strategic plan to have around 7 gigawatts in projects in the 2019-2022 period.

EDP in Brazil

In a statement, the company declared, “Currently, EDP Renewables has 467 MW in ‘onshore’ wind farms installed in Brazil, and with this new contract, EDP R strengthens its presence in a market with a low risk profile, through the establishment of long-term contracts, attractive renewable assets, and solid medium and long-term prospects.”

In Brazil, the company operates with EDP Renewables, focused on wind and solar plants, and with EDP Energias do Brasil, which controls power generation, transmission, and distribution assets.

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