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AES Tiete in negotiations to enable 2 GWa of wind in Brazil - report

Source: Pixbay

December 9 (Renewables Now) - Brazilian energy firm AES Tiete Energia SA (B3:TIET11) is discussing contracts with large energy consumers to enable the development of 2 average gigawatts (GWa) of wind projects, the director of New Business Development, Bernardo Sacic, told Reuters.

Large consumers can get the green power either through self-supply projects or under conventional contracts for the electricity. AES Tiete is open to options for both solar and wind generation, but Sacic was cited as saying that for now onshore wind has much greater chance.

The firm is also looking to expand its generation capacity in Brazil through acquisitions.

Recently, AES agreed a 79-MWa wind PPA with the Brazilian unit of mining multinational Anglo American plc (LON:AAL), and a joint venture with Unipar Carbocloro SA to develop a 155-MW wind project.

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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