They will have a combined capacity of more than 5 GW, adding to Brazil's 97.4 GW list of projects in planning.
Corio is partnering with Brazilian power generation company Servtec to apply for leases for five fixed-bottom projects in the country’s northeastern, southeastern and southern maritime areas, ranging from about 500 MW to over 1.2 GW in installed capacity.
The projects are the 1.2 GW Costa Nordeste wind farm off the north-eastern state of Ceara, 495 MW Vitoria wind farm off south-eastern state of Espirito Santo and the 1.2 GW Guarita. The others are the 1.2 GW Cassino and 1.1 GW Rio Grande wind farms, both off the southern state of Rio Grande do Sul.
“Brazil is blessed with immense wind resources along its coastline, offering a vital new source of clean, affordable, and reliable energy. We see a huge opportunity for harnessing Brazil’s ocean wind energy, bringing economic investment and green jobs to the country,” said Jonathan Cole, Corio Generation CEO.
Corio boasts a global portfolio of more than 20 GW of offshore wind projects in Australia, South Korea, Taiwan, Japan, Ireland, and the United Kingdom.
Brazil wants to diversify renewable energy mix, with a focus on offshore wind. In a January decree, the federal government introduced a new regulatory framework for offshore wind, and it took effect in June. It is emerging as a major new growth market for offshore wind to satisfy rising electricity demand in heavily populated coastal areas - an ideal combination for offshore wind demand.
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