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Voltalia secures new 60MW wind power project in Brazil

Staff Writer |
Voltalia secured a new 60 MW wind project, named VSM 2 (Ventos da Serra do Mel 2).

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The new sales contract was won during the national auctions organized on August 31 by the Brazilian regulator ANEEL.

It will run for 20 years and will start on January 1, 2024.

As for most of Voltalia’s projects in Brazil, construction will be accelerated.

Between start of operations, which will occur during the second semester of 2020, and until the long-term power sales contract begins in 2024, production will be sold on the free market mainly through short-term private power sales agreements already secured at a price more than 60% higher than the 20-year contract price.

The VSM 2 project is located in Voltalia’s Serra Branca cluster in the State of Rio Grande do Norte, a region known for its exceptional wind conditions.

Voltalia’s industrial approach, through the development of a large-scale production cluster, is instrumental in presenting the most competitive projects, benefiting from lower marginal costs.

The Serra Branca cluster has a total potential of nearly 2 GW, making it one of the country's major wind power fields.

As of today, 309 MW are already in operation in the Serra Branca cluster and 223 MW are to be completed in 2020 thanks to the VSM and VSM 2 projects.

The balance of the cluster’s potential capacity will continue to be developped with the possibility for each new project to be owned by Voltalia or sold to third-party investors.


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