Italy's Enel wins wind farm projects in Brazil

Aug 19, 2011
A view of a wind farm in Velva, North Dakota. Enel Green Power, the renewable energy arm of Italian giant Enel, has won three wind farm projects totalling 193 megawatts in Brazil's 2011 New Energy Auction, the company said in a statement.

Enel Green Power, the renewable energy arm of Italian giant Enel, has won three wind farm projects totalling 193 megawatts in Brazil's 2011 New Energy Auction, the company said in a statement Friday.

The estimated total investment for the three projects is approximately 330 million euros (476 million dollars).

The company described the deals as "a significant step forward in the deployment of its growth strategy in Latin America", and said the projects were expected to be operational by 2014.

The three , located in the northeast of Brazil in Rio Grande do Norte, Pernambuco and Bahia, "will be able to generate up to 770 GWh per year, enough to serve as many as 500,000 households in Brazil," the statement said.

According to Enel, the demand for power in Brazil is growing at an annual rate of approximately five percent.

"This is an important step forward in our strategy to develop high quality projects in a fast growing and environment as the Brazilian one," Enel Green Power head Francesco Starace was quoted as saying.

Explore further: Environmentally compatible organic solar cells

add to favorites email to friend print save as pdf

Related Stories

AES wind farm kicks off in Bulgaria

Oct 06, 2009

AES Geo Energy, a Bulgarian unit of US energy giant AES Corporation, launched on Tuesday the largest 156-megawatt wind farm in Bulgaria, the company said.

Recommended for you

Environmentally compatible organic solar cells

20 hours ago

Environmentally compatible production methods for organic solar cells from novel materials are in the focus of "MatHero". The new project coordinated by Karlsruhe Institute of Technology (KIT) aims at making ...

Floating nuclear plants could ride out tsunamis

21 hours ago

When an earthquake and tsunami struck the Fukushima Daiichi nuclear plant complex in 2011, neither the quake nor the inundation caused the ensuing contamination. Rather, it was the aftereffects—specifically, ...

Unlocking secrets of new solar material

21 hours ago

( —A new solar material that has the same crystal structure as a mineral first found in the Ural Mountains in 1839 is shooting up the efficiency charts faster than almost anything researchers have ...

Ikea buys wind farm in Illinois

Apr 15, 2014

These days, Ikea is assembling more than just furniture. About 150 miles south of Chicago in Vermilion County, Ill., the home goods giant is building a wind farm large enough to ensure that its stores will never have to buy ...

User comments : 1

Adjust slider to filter visible comments by rank

Display comments: newest first

3 / 5 (2) Aug 19, 2011
This will pay for itself in about 2 years. Then they could cut rates in half...forever...

throughout the roughly 30 year life expectancy of individual turbines, they should be at least 15 to 30 times as cost-effective as coal fired power...

Considering also that much of this startup costs is the cost of running transmission lines and so forth, maintenance, repairs, and replacement costs will be lower in the future than the initial startup costs.

Glenn Beck was such a moron.

Republicans and Tea Party are also morons.

More news stories

Sony's PlayStation 4 sales top seven million

Sony says it has sold seven million PlayStation 4 worldwide since its launch last year and admitted it can't make them fast enough, in a welcome change of fortune for the Japanese consumer electronics giant.

Robotics goes micro-scale

( —The development of light-driven 'micro-robots' that can autonomously investigate and manipulate the nano-scale environment in a microscope comes a step closer, thanks to new research from the ...

Biologists help solve fungi mysteries

( —A new genetic analysis revealing the previously unknown biodiversity and distribution of thousands of fungi in North America might also reveal a previously underappreciated contributor to climate ...