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The German multinational manufacturer of wind turbines, Nordex is investing in Brazilian soil to leverage the wind energy industry
Nordex offers excellent conditions in wind turbines, with wind energy being one of the most important energy sources in the country. In mid-2020, installed capacity in Brazil reached 16 GW. This represents a significant increase in recent years and has seen the wind energy sector become an increasingly important element of the Brazilian electricity market. After hydroelectric power, wind energy is now the second largest component of the Brazilian electricity generation matrix, placing the second largest country in South America among the global leaders in the field of renewable energies.
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The Power of Nordex Wind Turbines
Nordex wind turbines can generate significantly more electricity under Brazilian conditions than in many other countries. In fact, due to excellent wind conditions, the average capacity factor of a wind farm in Brazil can reach 50 percent – significantly above the global average. By way of comparison, in other countries, this figure is as low as 25 percent (Source: ABEEolic).
Average wind speeds, highly favorable for onshore wind energy generation, can be found mainly in the Northeast Region of Brazil, where the coastal terrain is flat.
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In the state of Piauí, the Nordex Group is building its largest wind turbine project to date, the 716 MW Lagoa dos Ventos wind farm. The Group also manufactures the concrete towers for the AW125/3000 and AW125/3150 turbines at its own tower production facility, which is very close to the construction site, also reducing logistical costs and speeding up construction. In addition, the interior of the country and its highlands also offer significant potential for large-scale projects.
Optimistic outlook for Brazil's wind energy industry
Over the past three years, the Brazilian electricity market has evolved from an auction market to a free energy market. As a result, power purchase agreements (PPAs) continue to grow in importance.
Due to the country's excellent resources in wind turbines and the fact that, according to the Chamber of Commercialization of Electric Energy (CCEE), wind energy represents a comparatively low cost source of energy, the installed capacity of wind energy should continue to grow by approx. 2,5 – 3 GW per year.
The Nordex Group currently has over a thousand employees in Brazil and, with its attractive product portfolio, is ideally positioned to meet customer needs and fulfill project requirements.
