Enel Green Power has recently been awarded contracts for the building of three hydropower plants in Brazil, adding to its already impressive portfolio of wind and hydro power plants across the South American nation.
According to the UN’s Economic Commission for Latin America and the Caribbean, Latin American countries between them produce over 1,284,164,000 barrels of oil equivalent of renewable energy each year. Brazil alone accounts for 60 percent of this remarkable total, with an energy demand that is estimated to grow at an annual rate of four percent until 2020.
This is why Enel Green Power is focusing on Brazil, where it was recently awarded energy supply contracts for the construction of three hydroelectric power plants which when built will have an overall capacity of 102 megawatts. The construction of the Salto Apiacás, Cabeza de Boi and Fazenda plants in the central-western State of Mato Grosso, will require a total investment of around $248 million. Once operational, they will produce up to 490 gigawatt-hours of sustainable energy per year.
The 102MW from the new plants adds to the 93MW of already installed hydropower capacity in the 20 plants that EGP manages in Brazil: nine of these (totalling about 38MW) are in the State of Mato Grosso, eight (almost 50MW) in the State of Tocantins, and three (almost 5MW) in the State of São Paulo.
These are small hydro plants, which means that they are small-scale facilities that ensure a low impact on the environment and the landscape, require less investment and have reduced operational and maintenance costs, while also providing a significant contribution to meeting electricity demand.
Besides consolidating its position in the hydropower industry, EGP is also investing in the Brazilian wind power market: over the last four years it has won tenders for the construction of a total of 401MW of wind power. The most recent, which was won in August, will see the construction of three plants with a combined capacity of 88MW in the State of Bahia, in the country’s north-east.