Renova Energia, GE sign $394 million contract for 230 wind turbines
To date, 300 GE wind turbines have been installed in Brazil. In the next two years another more than 600 units will be installed in the country
GE and Renova Energia, a wind developer firm in Brazil with 1 GW installed, have signed a contract worth $394 million for 230 GE 1.68-82.5 wind turbines. All 230 turbines have a 10-year operating contract, which will be managed from GE's services center.
The purchase is part of Renova's expansion plans that began in November 2011 with the construction of the Alto Sertão II Wind Farm, comprising 15 parks with a total installed capacity of 386 MW, enough to supply power for a city of 1 million people.
The contract is to supply energy sold by Renova in the Reserve Energy Auctions in 2010 and 2011. The Alto Sertão II Wind Farm is in the cities of Caetité, Guanambim and Igaporã, in the southeast of Bahia state, in Brazil.
The partnership between the two companies began in Brazil's first exclusively wind energy auction in December 2009. The farm, opened in July 2012, has 184 GE wind turbines producing a total of 294 MW.
To date, 300 GE wind turbines have been installed in Brazil. In the next two years another more than 600 units will be installed in the country.