ABB_id2059
in News Departments > Projects & Contracts
print the content item

GE has won 545 MW of orders for wind turbines in Brazil's A-3 auction, which was held on Nov. 18. The total amount of energy auctioned was 867 MW, meaning GE secured 63% of the auction capacity.

The company will provide 1.7-100 and 1.85-82.5 turbines for wind farms developed by Casa dos Ventos, Eletrosul, Contour Global, CEEE, PEC, Rio Energy and Chesf in the Brazilian states of Rio Grande do Sul, Bahia and Piaui. GE also will service the wind turbines for 10 years as part of an operations and maintenance agreement that includes an availability guarantee for the 26 wind farms.

Between this newest auction and the reserve power auction that took place in August, GE says it has secured a total of 1 GW of commitments for wind energy in Brazil. In the November auction, GE says the new wind capacity was contracted at an average rate of $54/MWh. The Brazilian government held this auction to meet demand for the country’s electricity needs in 2016.



Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

High Net-Worth Investors Claim 'All Of The Above' On Energy, Renewable And Otherwise

According to a recent Morgan Stanley poll, high-dollar investors favor investment in renewable energy technologies, such as wind and solar.


U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.


Report: Policy Uncertainty Fuels Market Exodus As Firms Bolt North American Wind Industry

The global wind energy supply chain has yet to recover from the slump that began in 2013. In fact, many segments are undergoing a transformation, according to market research firm FTI Consulting.

Hybrid Energy Innovations 2015