EDP Renováveis, the clean energy arm of Portugal’s EDP Group, closed the first nine months of the year with production of 440 giga watt hours (GWh) in Brazil, 182% more than in the same period of last year.
According to a document sent by EDP Renováveis to the Portuguese Securities Market Commission (CMVM) in Portugal, the growth of production in the Brazilian market resulted mainly from the increase in installed capacity, from 80 to 200 megawatts (MW), but also an improvement in the utilisation factor of wind farms from 28% to 30%.
In the same document EDP Renováveis said it currently has over 127 MW of new capacity under construction in the Brazilian market for the JAU and Aventura projects.
Brazil currently accounts for just 2% of the global capacity of EDP Renováveis energy production, which at the end of September amounted to 9,735 MW, with 45% in North America, 24% in Spain and 13% in Portugal.
Overall, the group produced from January to September 18,054 GWh, 20% more than in the same period of 2015. Beyond Brazil, production growth was particularly significant in Portugal (90%) and the United States of America (18%).
Besides Brazil, EDP Renováveis is building new wind energy projects in North America, Mexico, France and Italy. (macauhub)