Brazil's Serveng to invest USD 380m in Rio Grande do Norte's wind sector

Wind farm in Brazil. Author: Otávio Nogueira. License: Creative Commons, Attribution 2.0 Generic.

August 12 (Renewables Now) - Brazilian infrastructure company Serveng will invest BRL 1.5 billion (USD 380.6m/EUR 340.2m) in the development of wind energy projects in the state of Rio Grande do Norte, the local government announced on Friday.

More specifically, Servenga plans to install four new wind farms. No details about the installed capacity of these projects was disclosed.

Governor Faima Bezerra asked the state's Institute of Sustainable Development and Environment (IDEMA) to expedite the award of environmental licences to the new schemes.

Serveng, which has been active in Rio Grande do Norte's wind sector since 2010, has a portfolio of 13 wind farms with a total of 130 wind turbines located in the municipalities of Sao Miguel do Gostoso, Pedra Grande and Parazinho. The company also has photovoltaic (PV) projects planned as well.

(BRL 1.0 = USD 0.254/EUR 0.227)

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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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