Start of production at the Canudos wind farm in Brazil
Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player in renewable energy, announces that its 99-megawatt Canudos 1-2 wind farm, located in the State of Bahia, Brazil, is now operating.
“After the full commissioning of our SSM 3-6 solar plant (260 megawatts), we are proud to announce that another Brazilian project, our Canudos 1-2 wind farm (99 megawatts), has begun to inject power into the grid. I would like to deeply thank Voltalia’s teams who developed, built and financed this project” declares Sébastien Clerc, CEO of Voltalia.
The Canudos 1-2 project, initially announced as a 90-megawatt wind farm, and expanded at 99.4 megawatts, began to produce its first megawatt hours. The wind farm is backed by a 20-year power sale agreement with CEMIG, a leading Brazilian utility.
The project is composed of 28 wind turbines, a collector substation, a sectioning substation, and a 500Kv transmission line. The entire project has been developed by, and is owned by Voltalia. Several key factors have contributed to the success of this project, including a robust wind regime, ownership of grid connections, and scalability.
Moreover, in alignment with Voltalia’s commitment to local communities, the project established essential local connection facilities, allowed hiring local teams and contractors, and produces competitively priced energy. Since 2021, Voltalia has collaborated with experts to implement an ambitious program for the conservation of the Lear’s Macaw, an endemic specie, and the restoration of its primary local food source, the licuri palm.
Despite the Canudos 1-2 commissioning slowdown at the grid operator request, Voltalia has been committed to launch operations as quickly as possible. The beginning of Canudos 1-2’s operations phase demonstrates the grid capacity to absorb the wind plant output, shortly after the SSM 3-6 solar plant, which also demonstrated the same capacity1.
Next on the agenda: Q3 2023 Turnover, on October 25th 2023 (after market close)
| About Voltalia (www.voltalia.com) | |
| Voltalia is an international player in the renewable energy sector. The Group produces and sells electricity generated from wind, solar, hydraulic, biomass and storage facilities that it owns and operates. Voltalia has generating capacity in operation and under construction of more than 2.7 GW and a portfolio of projects under development representing total capacity of 16.1 GW. Voltalia is also a service provider and supports its investor clients in renewable energy projects during all phases, from design to operation and maintenance. As a pioneer in the corporate market, Voltalia provides a global offer to private companies, ranging from the supply of green electricity and energy efficiency services to the local production of their own electricity. The Group has more than 1,700 employees and is present in 20 countries on 3 continents and is able to act worldwide on behalf of its clients. Voltalia is listed on the regulated market of Euronext Paris, compartment B (FR0011995588 – VLTSA) and is part of the SBF 120, Enternext Tech 40 and CAC Mid & Small indices. The Group is also included in the Gaïa-Index, an index for socially responsible midcaps. | |
| Loan Duong, Head of Communications & Investor relations Email: invest@voltalia.com T. +33 (0)1 81 70 37 00 | Seitosei Actifin Press Contact: Jennifer Jullia jjullia@actifin.fr . T. +33 (0)1 56 88 11 19 |
1 Press Release dated October 3, 2023
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