Projects

NuCapital and its principals are the majority owners and developers of the 30 MW Vader Piet wind farm which has been operational since December 31, 2009. Vader Piet currently supplies approximately 18% of Aruba’s annual demand. The sole off-taker, the Water and Electricity Board of Aruba ("WEB Aruba"), has long been recognized as one of the premier utilities in the Caribbean; NuCapital was pleased to be chosen as the winning bidder in a competitive tender process launched in 2008. The deployment of the ten 3.0 MW Vestas V-90 turbines in Aruba and those deployed by NuCapital in neighboring Curaçao represents the largest operating turbines in the Caribbean and serves as the yardstick by which all other projects are measured.

The shade provided by the large towers are well used, as can be seen below.

Parque Eólico Yauyupe San Lucas S.A. de C.V., PEYSSA, a wind farm project of 99 MW located in the municipalities of Yauyupe and San Lucas in the department of El Paraíso in the Republic of Honduras is co-developed by PERSA of Honduras and NuCapital, Inc. a Holland and US Shareholder company.

The wind farm will be comprised of approximately 28 wind turbines, of 3.5 MW class, which will provide an output of approximately 405 GWh/year.
The project shall be interconnected to the grid in the substation of Cerro de Hula through a transmission line of 33.7 km to be built and owned by PEYSSA.
The commissioning is slated for the second half of 2021.

 The project enjoys strong community support given the substantial economic and social benefits to the communities.

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The founding members of the Vader Piet wind farms are currently finalizing the development of a new wind farm located at Alto Vista on the northwest coast of Aruba pursuant to a Power Purchase Agreement signed in December, 2013 with off-taker, the Water and Electricity Board of Aruba ("WEB Aruba"). Once again, this will represent the largest wind turbines in the Caribbean, deploying 8 Vestas 3.3 V-112 turbines for an installed capacity of 26.5 MWs. Upon commissioning in December, 2015, Aruba will become the world leader is percentage of wind sourced energy, bypassing Denmark.