Brazilian wind players look to wider Latin American market

摘要

Brazilian wind-industry players are seeking business opportunities in other South and Latin American countries, despite the potential for growth in their home market. Brazil's new ten-year expansion plan, known as PDE 2024, which is still awaiting approval from the federal government, aims to increase installed wind-power capacity to 24GW in the next ten years, or an 11.5% share in the country's energy mix. Brazil currently has 7.7GW of online wind capacity, according to Windpower Intelligence, the data division of Windpower Monthly. Yet, Brazilian companies like utility Eletrobras and developer Renova Energia are seeking business opportunities in countries such as Uruguay, Chile and Mexico, which are increasing their investments in renewable generation.