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)...
Welcome on our new SOWITEC Website!
We are delighted to present to you our new website! On behalf of all of us here at SOWITEC, welcome!
Our fresh, new design and improved layout allows us to present SOWITEC to you in a way that is comprehensive, exciting and intuitive. Together with our growing Social Media presence this marks a major step forward in our corporate communication. In the coming weeks and months we will also launch individual sites for each of our markets, informing in more detail about our local teams and their activities. These subpages will be available in English and the respective national language.
We look forward to sharing more great content with you moving forward, and we welcome your feedback! Please send any comments or suggestions to us here.
Thank you for your interest in SOWITEC and enjoy our new web presence!
Mexico Solarprojects EIA
SOWITEC´s Mexico Environmental and Social Department has almost 10 years of in-house experience preparing and submitting Environmental Impact Assessments (EIA) to obtain its projects environmental authorizations/licenses, having an important track record of authorized wind projects, solar pv projects, and high voltage transmission lines. Specifically on solar pv projects, SOWITEC Mexico has elaborated EIAs and handed over to the authorities environmental authorization requests for around 1,1 GWac in projects, having 640 MWac of these already an environmental license, accepted and approved by the authorities.
Based on the information published by the Brazilian Power Trade Chamber CCEE for May 2018 the project Delfina developed by SOWITEC is among the ten best wind project sites in Brazil.
The highlight of the month is the project Delfina III with 28 MW installed capacity and a capacity factor of 77.2%.
Four other subparks belonging to the Delfina cluster are also among the top ten projects. Additionally remarkable is the constancy of the high capacity factor on hourly basis for May 2018. The wind complex located in the municipality of Campo Formoso, Bahia state consists of seven subparks totaling 180 MW and is operated with Vestas turbines. The cluster owned by Enel Green Power represents a mix of power supply agreements, where 90 MW were commercialized through the Reserve Energy Auction (LER 2014) and 90 MW through private PPAs on the free market.
Another SOWITEC Brazil reference wind power project entering into operation.
The project DELFINA located in Northern Bahia nearby the lake of Sobradinho which development has been initiated by SOWITEC in 2007 has entered into operation on August 30, 2017 with 180MW capacity.
The project, on a hill at nearly 1´000m altitude nicely horseshoe shaped towards wind, has demonstrated the extraordinary wind resource of the interior of Bahia. In the meantime the whole region has turned into a wind power Eldorado of several GWs potential.
The park is equipped with Vestas V110 – 2MW wind turbines showing an outstanding capacity factor of up to 70%. It will be extended the coming years by some 400MW.
DELFINA is the 6th wind park in Brazil developed by SOWITEC and operated by ENEL. SOWITEC Brazil is now getting close to the 1GW milestone of wind projects in operation or under construction.
A total of 2 GW of new wind and solar projects have just been registered to December auction.