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Brazil to take a position USD 9.5bn in energy grid so as to add extra renewables

admin by admin
March 26, 2023
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Brazil to take a position USD 9.5bn in energy grid so as to add extra renewables
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Brazil is planning to take a position BRL 50 billion (USD 9.51bn/EUR 8.82bn) in transmission traces to allow the combination of extra wind and solar energy, power minister Alexandre Silveira introduced on Wednesday.

The ministry’s Secretary of Electrical Vitality, Gentil Nogueira stated the nation is seeking to maintain no less than three main transmission auctions this yr with the intention to make sure the growth of wind and photo voltaic power within the North of Minas Gerais state and all through the entire Northeast area.

With this programme, the federal government plans to have extra hybrid renewable power complexes, which mix two distinct renewable power parks below the identical community.

The announcement was made throughout the inauguration of Neoenergia’s new 600-MW wind and photo voltaic hybrid era complicated within the northeastern Paraiba state.

(BRL 1.0 = USD 0.190/EUR 0.176)

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