- Press Releases
July 13 (Renewables Now) - Brazilian utility company Neoenergia SA (BVMF:NEOE3) has started the commercial operation of a 500-kV transmission line in Brazil that will enable the evacuation of electricity from a 69.3-MW portion of the 471-MW Chafariz wind complex.
With 20 wind turbines, the 69.3-MW portion is currently in its testing phase, Neoenergia announced on Monday.
The 124-km line, named Santa Luzia II - Campina Grande III, is the first tranche of the Santa Luzia project, secured during the December 2017 transmission auction.
With a permitted annual revenue (RAP) of BRL 63 million (USD 11.9m/EUR 10m), the line entered into operation 21 months ahead of the deadline set by Brazilian energy watchdog Aneel.
According to the company's website, the Chafariz wind complex will consist of 15 wind farms, located in Paraiba state. Completion is expected to happen by 2022, the subsidiary of Spanish utility group Iberdrola SA (BME:IBE) noted.
(BRL 1.0 = USD 0.190/EUR 0.160)