Statkraft invests R$1.5 billion in new wind farm in Brazil

Norway's Statkraft announced the construction of a new wind farm in Brazil with an investment of R$1.5 billion. The project reinforces the country's position as the leading destination for renewable energy capital in Latin America, at a time when the European energy market is increasingly focused on supply security and source diversification. For Brazil's electricity sector, the investment signals that major international players maintain their appetite for the national market, despite regulatory uncertainties surrounding the upcoming storage auction.