Aracatu II is a 1,920MW offshore wind power project. It is planned in Atlantic Ocean, Espirito Santo, Brazil. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced stage. It will be developed in a single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2029. Buy the profile here.
The project is being developed and currently owned by Equinor and Petroleo Brasileiro. The owners have 50% stake in the project respectively. The turbines will be mounted on fixed monopile foundations.
The wind power project consists of 160 turbines, each with 12MW nameplate capacity.
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2029.
For more details on Aracatu II, buy the profile here.
Equinor ASA (Equinor), formerly Statoil ASA, is an energy company. It explores for, develops, and produces hydrocarbons. It operates refineries, processing plants, storage and terminals, and has interests in various oil and gas pipelines. The company markets, trades, and transports crude oil, condensate, natural gas, natural gas liquids, and refined products. It also has presence in solar farm, offshore wind, carbon capture and storage and hydrogen projects with focus on renewable energy and low carbon solutions. Equinor has major operations on the Norwegian continental shelf. It has operations in Europe, North and South America, Africa and Asia-Pacific regions. Equinor is headquartered in Stavanger, Norway.
About Petroleo Brasileiro
Petroleo Brasileiro SA (Petrobras) is an integrated oil & gas company. Its major businesses include exploration and production, refining, marketing, trade, and transportation of oil and gas. The company also conducts biofuel, natural gas, petrochemical, electricity, and chemical businesses, and oil product distribution. It is a major crude oil producer and refiner in Brazil and the South American continent. It also participates in the domestic power market through investments in thermoelectric power plants and renewable energy. Through its subsidiaries and affiliates, Petrobras markets its products in North America, South America, Africa, and Asia. Petrobras is headquartered in Rio de Janeiro, Brazil.