Receive our newsletter – data, insights and analysis delivered to you
  1. News
October 13, 2020

Statkraft ready to start construction of 519MW wind project in Brazil

Norwegian renewable energy group Statkraft will soon begin construction of Ventos de Santa Eugenia wind project in north-eastern Brazil.

Norwegian renewable energy group Statkraft will soon begin construction of Ventos de Santa Eugenia wind project in north-eastern Brazil.

The announcement follows the finalisation of a wind turbine contract with German wind turbine maker Nordex.  

Located near Uibaí in the state of Bahia, north-eastern Brazil, the 519MW wind project comprises of ten wind farms. The project will use 91 Nordex 163/5.7MW wind turbines.  

Statkraft says these turbines are the largest onshore wind turbines it has used so far. Construction works will begin in January 2021, and will finish by June 2023. The first wind turbines will start operations by September 2022. 

Statkraft International Power executive vice-president Jürgen Tzschoppe said: “The construction of Ventos de Santa Eugenia represents a significant step on the way to reaching the goal of developing 6GW of wind power globally by 2025 and fulfil our ambition to become a leading renewable energy company in the world.”  

Ventos de Santa Eugenia wind project will be built with an investment of $451m (R$2.5bn).

Content from our partners
Green investment: What gives Scotland multiple advantages
How Hengst helped to keep Germany’s charity “star singers” shining
How one power station prevented frequent shutdowns with three-stage air filtration

The wind project will be built near Statkraft’s existing Bahia wind power assets. It will have the capacity to generate nearly 2.3TWh of renewable energy annually, sufficient to power 1.17 million Brazilian homes.

Statkraft Brazil country manager Fernando de Lapuerta said: “As Brazil is probably one of the most competitive countries in the world when it comes to renewables, I’m very pleased to see that Statkraft is able to produce a competitive and profitable project like this.”

Lapuerta added that a portion of electricity from the project has already been hedged through public auctions and commercial power sales agreements in the Brazilian open power market.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU