From pv magazine Latam
In June 2019, the energy division of the Brazilian multinational Votorantim, Votorantim Energia, announced the creation, together with the Canada Pension Plan Investment Board (CPP Investments), of a joint venture.
Now, that joint venture, called VTRM, affirms that it will invest BRL189.98 million (US$35.6 million) in the first hybrid solar and wind energy park in Brazil, as announced by Votorantim Energia on its LinkedIn account.
The pilot project was recently approved by the Brazilian energy regulator, Aneel, and will have an initial generation capacity of 68.7 MWac. It will be installed on a plot next to the existing 205.9 MW Ventos do Piauí I wind farm, whose purchase was announced by Votorantim Energia in 2019 and the two facilities will share the transmission substation.
The commissioning of the entire complex is scheduled for early 2023 and it will have a total installed capacity of 274.6 MW. It will sell energy on the free market.
The company affirms that hybrid generation is part of Votorantim Energia's strategy to expand the generation of renewable energies, and said it is building two new hybrid complexes in the region, with an investment of BRL2 billion (US$375 million).
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.