News-Archive
News-Archive
01
SOWITEC signs contracts for the sale of three solar development projects in Mexico with a total capacity of 570 MW
SOWITEC sells a 400 MW photovoltaic solar project in Brazil
Iberdrola acquires SOWITEC Vietnam with a portfolio of five wind projects under development and a floating solar project with a total of 550 MW
SOWITEC Group sells its Vietnamese operations to Iberdrola whose strong commitment to markets with growth potential in Asia Pacific reinforces a favorable outlook for the final stages of development and implementation of the 550 MW renewable portfolio under development by Sowitec Vietnam, distributed in six projects: five wind farms and a 50 MW floating photovoltaic project. ...
SOWITEC sells six Wind Projects totaling 552 MW in Brazil and signed a contract for a 130 MW PV-project in Colombia
Hydro and SOWITEC to investigate possibility for floating solar project in Brazil
SOWITEC group GmbH (“SOWITEC“) and Vestas Wind System A/S (“Vestas“) Agree on Minority Stake by Vestas of 25.1% with an Option to Acquire the Remaining Shares within the next Three Years
SOWITEC, one of the leading developers of renewable energy projects in the wind and solar sectors, is pleased to announce that it has entered, together with its sole shareholder Frank Hummel, into an agreement with Vestas about a participation of Vestas, a global partner in sustainable energy solutions that designs, manufactures, installs, and services wind turbines across the globe, in the amount of 25.1% of the share capital. As part of the agreement, Vestas will have the option to purchase the remaining stake in SOWITEC within three years from the closing of this transaction. ...
Another success for SOWITEC with the sale of a 200-MWac solar project in Brasil
The SOWITEC group, one of the leading developers of renewable energy projects in the wind and solar sector, has sold through his subsidy SOWITEC do Brazil a 200 MWac photovoltaic project in the state of Pernambuco to a major European power utility. Through this sale, the second major solar project is successfully sold within the past nine months, after a 400 MW project had already been sold to the same investor in May 2018. Both projects are part of a solar cluster with a total capacity of up to 1,000 MW...
SOWITEC sells a 200 MWac solar project in Colombia to a large European power utility company
The SOWITEC group, one of the leading developers of renewable energy projects in the wind and solar sectors, continues its successful development in Colombia. With the sale of a 200 MWac solar photovoltaic project in the province of Atlántico to a large European power utility company, the local subsidiary SOWITEC Colombia sold its second major project this year. Previously, a 100 MWac project in the province of Cesar was sold in September 2018...
SOWITEC RECEIVES AN ENVIRONMENTAL PERMIT FOR 200 MEGAWATT SOLAR PARK IN MEXICO
Sonnenbühl, November 16, 2018 – The SOWITEC Group, one of the leading developers of renewable energy projects in the wind and solar sectors, has received an environmental approval for its solar park in the state of Chihuahua in Mexico, thus reaching an important milestone in the project development. With a plant capacity of 200 megawatts, the project is one of the largest in Mexico. The solar park will generate 500 GWh of electricity per year and contribute to avoiding 250,000 t CO2. The entire project development, including the environmental study, was carried out by SOWITEC Mexico. The next step is the preparation for participation in an auction in order to secure a power purchase agreement. Commissioning is expected to take place within the next two years...
Ventos da Bahia — Brazil
Last Friday (August, 31st), in Brazil, the auction known as A-6/2018 took place under the control of the National Electric Energy Agency (ANEEL). An amount of 2.1 GW of electricity generation capacity was contracted encompassing 1.25 GW of wind parks, 457,7 MW of hydroelectric plants and 391 MW of thermoelectric plants. These projects will require an estimated total investment of R$ 7.68 billion (i.e. US$1.85 Billion). The average price of electricity of the hydro projects was R$ 181,48 / MWh, thermal projects R$ 179,85 / MWh while the average price of electricity of the wind projects was R$ 90,45 / MWh (i.e. US$22.29/MWh)...