SOWITEC SIGNS TWO MORE CONTRACTS FOR A TOTAL OF 1,793 MW IN BRAZIL
Sonnenbühl: The SOWITEC group, one of the leading developers of renewable energy projects in the areas of wind and solar, has in Brazil through its local subsidiary SOWITEC do Brasil for a 1,500 MW project, consisting of 1,000 MW Wind and 500 MWac photovoltaic, a purchase agreement with a major international energy supplier completed. The project is one of the largest clusters in Latin America and is to be phased in over the coming years. A second contract was signed with a leading European utility for a 293 MWac photovoltaic project. The contracts are still under the resolution condition of the signature of power supply contracts. This will continue the successful sale of projects in Brazil to major international investors in 2019,
“We are thrilled that we have won the trust of leading energy suppliers for another two projects. These deals confirm the high quality of our projects and our market position in Brazil. The interest of energy suppliers and investors in the Brazilian market is steadily increasing and we are therefore confident that we will conclude further contracts in the coming months, “says Matthias Pfister, Managing Director of SOWITEC do Brasil.
As one of the world’s leading project developers for renewable energies, SOWITEC operates in 14 countries, focusing on the fast-growing emerging and developing countries. With almost 200 employees, SOWITEC covers all areas of solar and wind power project development: from planning and conception, yield and profitability calculations, to construction management, sales and financing, to the technical and commercial management of wind and solar parks , Almost 60 wind and solar projects with more than 2,700 MW developed by SOWITEC are currently in operation or under construction in eight countries. www.sowitec.com