EDP Renewables to sell Catanduba produced Wind Power
EDPR has secured a 16-year private Power Purchase Agreement (PPA) to sell the power to be produced by the Catanduba wind farm in Brazil
EDP Renewables (EDPR), through its subsidiary EDP Renováveis Brasil (EDPR Brazil), has announced that it has secured a 16-year private Power Purchase Agreement (PPA) to sell the power to be produced by Catanduba wind farm.
The wind farm, located in the Brazilian State of Rio Grande do Norte, has a total capacity of 96 MW and is expected to start operations in 2024.
In Brazil, considering this new contract, EDPR has currently under development about 1.1 GW of wind and solar energy projects to start operations between 2021 and 2024, all with long-term PPAs secured. With this outcome, the EDPR portfolio in Brazil is set to reach 1.5 GW by 2024, reinforcing EDPR presence in a market with a low-risk profile, through the establishment of long term PPAs, attractive wind resource and solid prospects for the renewables sector in the medium and long term.