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    Home > Chemicals Industry > International Chemical > Spain's Iberdrola will invest in wind power projects in Brazil

    Spain's Iberdrola will invest in wind power projects in Brazil

    • Last Update: 2022-12-27
    • Source: Internet
    • Author: User
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    Spanish power company Iberdrola plans to invest $833.
    1 million
    in new power distribution and wind projects in the northern Brazilian state of Rio Grande do Norte over the next five years.

    The governor of Rio Grain Norte said that one of the main reasons the state attracts renewable energy companies is the strong support
    it gives to investors in the environmental licensing process.

    Iberdrola's CEO also stressed that the new investment will double Iberdrola's current operating capacity
    .

    Ibredrola, based in Bilbao, already has a total of 11 wind farms in the state, located at the northeasternmost point
    of Brazil's border with the Atlantic Ocean.

    Currently, Rio Grande do Norte is Brazil's largest producer of wind energy
    .

    As the largest country in South America, Brazil has pledged to spend 20% of its electricity from renewable sources to reduce greenhouse gas emissions
    by 2030.

    :/, please indicate the source for reprinting)

     

    Spanish power company Iberdrola plans to invest $833.
    1 million
    in new power distribution and wind projects in the northern Brazilian state of Rio Grande do Norte over the next five years.

    Wind power projects

    The governor of Rio Grain Norte said that one of the main reasons the state attracts renewable energy companies is the strong support
    it gives to investors in the environmental licensing process.

    Iberdrola's CEO also stressed that the new investment will double Iberdrola's current operating capacity
    .

    Ibredrola, based in Bilbao, already has a total of 11 wind farms in the state, located at the northeasternmost point
    of Brazil's border with the Atlantic Ocean.

    Currently, Rio Grande do Norte is Brazil's largest producer of wind energy
    .

    As the largest country in South America, Brazil has pledged to spend 20% of its electricity from renewable sources to reduce greenhouse gas emissions
    by 2030.

    :/, please indicate the source for reprinting)

    /

     

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