EDF Renewables enters in Brazil into its first corporate agreement with Braskem to supply wind energy
Located 350 km north-west of Salvador in the State of Bahia, the 33 MW project is an extension of the Folha Larga 1 wind farm (initial capacity of 114 MW) which was awarded in the April 2018 federal energy auction. The increase in the project’s total capacity to 147 MW will generate economies of scale in the project’s construction and operation. Braskem will purchase the electricity generated by the Folha Larga 1 extension under a 20-year PPA once commissioned in 2021. With its portfolio of around 1,000 MW in wind and solar energy projects in service or under construction in Brazil, EDF Renewables ranks among the leaders in the sector.
“EDF Renewables has become a key player for large corporations looking to embark the fight against climate change. Our track record of success over the past ten years in France, the United States, the United Kingdom, Mexico and China demonstrates the competitiveness of our solutions. With 1 GW in wind and solar energy projects in Brazil, we are delighted to have sealed today, our first local long-term Power Purchase Agreement with Braskem, one of the country’s largest energy consumers. The free market represents a genuine opportunity for businesses in Brazil, and we hope to settle more contracts there shortly”, commented Bruno Fyot, Chief Operating Officer of EDF Renewables.
EDF Energies Nouvelles S.A. Press release - EDF Renewables enters in Brazil into its first corporate agreement with Braskem to supply wind energy. URL: https://www.edf-renouvelables.com/en/press/press-releases/edf-renewables-enters-.... [Date Accessed: 28/11/2018].
EDF Energies Nouvelles S.A. Media library. https://www.edf-energies-nouvelles.com/en/press/media-library/. [Date Accessed: 07/06/2018].