Brazil's Omega plans 800-MW wind project in Maranhao
Wind park in Brazil. Author: Fotos GOVBA. License: Creative Commons, Attribution 2.0 Generic
Brazilian renewable energy company Omega Energia announced at a press conference last week that it plans to build a 800-MW wind farm in Maranhao state.
According to local media reports, the total investment in this project is estimated at BRL 4 billion (USD 1bn/EUR 909m). In its first phase, the company will pour BRL 1 billion in the cities of Paulino Neves and Barreirinhas. Work on stage one is scheduled to start this year and to be finalised by 2017.
Omega's CEO Antonio Bastos said, as quoted by local media, that lowering the final electricity price for the customer is one of the advantages of implementing this type of projects.
Currently, Omega has a portfolio of projects located across seven Brazilian states with approximately 3,600 MW of combined capacity. Of the total, 2,400 MW are from hydropower sources and 1,200 MW refer to wind farms, shows information on its website.