European Energy continues joint efforts with state fund

The project developer commissions a large solar farm, though impacted by a currency-rate weakening, and prepares to select the turbines for a wind farm also to be established alongside investment fund IFU.

Photo: casos dos ventos

Oct. 17 at 10:39 p.m., the effect of wind in Brazil's electricity grid reached a hitherto-unseen level at 12,140 MW, writes transmission system operator Operador Nacional do Sistema Elétrico (ONS). With a capacity factor of 79.3 percent, wind energy accounted for 18.6 percent of supply, despite the technology comprising only 9.5 percent of installed capacity in the South American country.

Meanwhile, this isn't the only positive news for renewable energy in Brazil, as project developer European Energy announces the completion of its 93-MW solar project Coremas I-III in the Paraíba region. The now grid-connected project was established in collaboration with the Danish Investment Fund for Developing Countries (IFU).

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