Millennium Wind Farm
Millennium Wind Farm is Pacific Hydro's first renewable energy
development in Brazil. Located in the state of Paraiba in
northeast Brazil, the site was an ideal location with strong
coastal winds, large land area for wind generator placement, easy
access for construction vehicles and machinery as well as ready
connection to the Electricity Grid.
Each year the project generates enough clean electricity to
avoid the emission of an estimated 4,600 tonnes of greenhouse
gas pollution.
The project has already made a significant contribution to the
local economy with the 13 Enercon wind generators manufactured
locally by Wobben, an Enercon subsidiary in Brazil.
The energy from the wind farm is sold under a
long term sales agreement to Eletrobrás, the Brazilian
state-owned generation, transmission and distribution business.
Millennium received funding from the Bank of Northeast of Brazil
(BNB). BNB is a regional development bank that promotes the
economic development of the Northeast of Brazil through competitive
loans. BNB has a special focus on the renewable energy
sector, including wind projects.
| Capacity |
10MW |
| Electricity Generation |
32 GWh p.a. |
| Capacity Factor |
35,6% |
| Greenhouse saving |
4,600 tonnes p.a. |
| Completion |
November 2007 |
| Wind Generators |
13 x 0.8MW Wobben |
| Location |
Paraiba, Brazil |
| Homes supplied equivalent |
Up to 40,000 p.a. |
| Purchase Agreement |
Eletrobras |
Brazil
With excellent wind resources, a rapidly growing economy and
strong government incentives for renewable energy projects, Brazil
presents fantastic opportunities for wind farm development. And
with 10 per cent of all Brazil's energy to come from renewable
sources by 2020, this gentle breeze of change will soon be a
powerful gale.
As the first wind farm developer in Brazil, Pacific Hydro is set
to be a major player in this clean, green future. We have
plans to develop up to 300MW of new wind farms in the
country's northeast. This will not only assist Brazil in meeting
its growing energy demand, but will also help support its growing
economy in a sustainable manner.
With Brazil having signed the Kyoto Protocol and with a strong
policy framework to support the implementation of renewable energy,
the market provides enormous opportunities for Pacific Hydro to
expand its Latin American operations and diversify its portfolio of
projects.
Pacific Hydro has an established base in Chile with the
successful operation of hydro assets and substantial activity in
new run-of-river hydro developments. Pacific Hydro's expansion into
Brazil is a logical next step for the company and is another
demonstration of the value that renewable energy brings in
supporting growing economies in a sustainable manner.
Pacific Hydro's acquisition of SES Ltda follows the announcement
by the Brazilian Government to introduce a policy framework (known
as "PROINFA") to increase renewable energy in the country to 10% by
2020.
While the Brazilian market is currently hydro-dominated, it has
excellent wind resources like Australia.
