The 150 million US dollar loan will partially cover the cost of EGPs investment plan for the Latin-American country over the next few years
Further to the Tender Enel Green Power will build two new photovoltaic plants in Brazil for an overall installed capacity of 11 MW. The two plants will be located in Pernambuco State.
The new solar capacity add up to 503 MW from wind and hydro Enel Green Power has already been awarded in previous public tenders launched in the past four years and to 93 MW of hydro the company has already installed in Brazil.
It is the fourth loan agreement signed with EKF, Denmarks Export Credit Agency, in the last three years, for a total amount of more than 500 million euros.
With a total installed capacity of 90 MW, the plant will be able to generate more than 200 GWh per year
An overall investment of approx. 170 million US dollars was required to construct the wind farm
Once constructed, the Dominica I plant, with an installed capacity of 100 MW, will be able to generate up to 260 GWh per year
A total investment of approx. 196 million US dollars is expected to construct the plant
The operation follows on a total of 600 million euros in funding agreements from the last three years and is a sign of EIB confidence in Enel Green Powers investments in the sector.
The contracts will allow to sell up to an overall 4,159 GWh at a price of 128 US dollars per MWh.
Following the award, the Enel Green Power Group will construct in Chile three new power plants for an overall capacity equal to 161 MW. The plants will be located in Chiles Central Region Transmission Network (SIC, from its Spanish acronym).
The construction of the new plants requires an overall investment of approx. 320 million US dollars
The installed capacity of the new binary cycle geothermal power plant in Cove Fort, Utah is 25 MW. The facility will be able to generate up to 160 GWh of power per year
Construction of the plant required a total investment of approx. 126 million US dollars
Diego de Almagro, with an installed capacity of 36 MW, will be able to generate up to 80 GWh
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Installed capacity from renewables is 9,149 MW, produced by over 715 plants in 16 countries
The gradual rise in global temperatures and the instability of fossil fuel markets are driving the development of solar power throughout the world, particularly in the area of photovoltaic technologies
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EGP's know-how has made the company a world leader in the development of this clean, renewable and cost-effective source of energy
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The exploitation of biomass is an important chapter in Europe's development of renewable energy