EDP Renovaveis SA (ELI:EDPR), through a local unit, has signed a power purchase agreement (PPA) for 126 MW of new wind power generation in Brazil.
According to a statement released on Monday, EDPR will sell the output of the Monte Verde VI and the Boqueirao I-II onshore wind farms under a 20-year private contract.
Both projects are located in the Brazilian state of Rio Grande do Norte. The renewables arm of Portuguese power utility EDP - Energias de Portugal SA (ELI:EDP) said the wind farms were to start operations in 2022.
EDPR has up to now installed 467 MW of onshore wind farms in Brazil. The latest arrangement boosts the renewable energy company’s PPA portfolio to 3.3 GW of around 7 GW of the global capacity it plans to install in the 2019-2022 period.
Sladjana has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry. She is the person to seek if you need information about Latin American renewables and the Spanish market.