Enel Green Power has been awarded energy supply contracts in Brazil. From 2014, the energy company will build three high-efficiency wind projects for a total capacity of 193 MW and capable of generating up to 770 GWh. The cost of the investment is 330 million euros. The projects are located in the northeast of the country, in the states of Bahia, Pernambuco and Rio Grande do Norte, the latter in a consortium with the Spanish subsidiary Endesa.
“Enel Green Power's wind projects have a producibility factor of over 45%. This implies that the wind turbines will be able to work for over 4 equivalent hours a year”, reads the note.
“This is an important step forward in our strategy of developing highly efficient projects in a rapidly growing competitive market like the Brazilian one,” commented Francesco Starace, CEO of Enel GP. “There are excellent conditions for a great sustainable development of renewables in Brazil. The positive participation in the 2011 tender is a significant step on the road to developing the company's growth strategy in Latin America”.
Through the tender, Enel GP obtained the right to stipulate twenty-year contracts for the sale of electricity produced by its wind farms to a pool of distribution companies already operating on the regulated market.
Brazil is among the first countries in the world for the production of "clean" energy thanks to over 92.000 MW of installed renewable capacity which represents approximately 84% of the total installed capacity in Brazil.
