January 8 (Renewables Now) - Brazilian energy company Omega Energia has plans to develop an up to 1 GW wind power complex in the state of Piaui.
According to an announcement by the local government, the scheme will require about BRL 6 billion (USD 1.61bn/EUR 1.41bn) in investments and will be developed in two 500-MW stages.
Located in the Gilbues region, the project is planned to break ground in the second half of the year with commercial operation scheduled for 2021. When completed, the park is seen to help Piaui become third among the Brazilian states with the highest production of renewable energy, the government said.
Every year, Piaui reaches its wind generation peak between October and December, with a potential factor of around 90%. This places the state as an energy exporter, governor Wellington Dias noted.
(BRL 1 = USD 0.27/EUR 0.23)