2024-04-20
http://w3.windfair.net/wind-energy/news/7396-brazil-leading-wind-energy-nation-in-latin-america

Brazil - Leading wind energy nation in Latin America

Brazil's market size is expected to represent 69 percent of the total installed capacity in 2025 in Latin America followed by Mexico and Chile

Brazil is leading Latin America's wind energy market with 31.6 gigawatts of capacity expected to be installed by 2025, according to a recent study.

, a study from IHS Emerging Energy Research noted.

“Brazil’s market scale and proactive renewable energy policies are moving Latin America toward a key tipping point, from sporadic project activations to more steady wind power market growth,” Vincent Gautier, an analyst with IHS said in the study.

According to the study, total investment in Latin America wind turbine markets will scale from just under $1 billion in 2009 to more than $2.2 billion by 2015.



Better government incentives are encouraging Brazilian developers such as Dobreve Energia, Renova Energia, and CPFL to lead the market, Gautier noted.

German group Wobben Windpower has been a key longtime wind turbine manufacturer in Brazil. But recently other companies have entered the market such as Argentina's IMPSA, Suzlon and Vestas, according to the Global Wind Energy Council.

Major developers and operators of the wind energy market in that country include Enerfin/Elecnor, Iberdrola, IMPSA/Energimp, Martifer and Pacific Hydro, the GWEC says.

The study notes that demand and local content requirements are encouraging operation equipment manufacturers to invest primarily in Brazil-based manufacturing of turbines 1.5 MW and larger. But bigger opportunities are being opened to develop the country's wind turbine component supply chain.

Brazil - which generates 74 percent of its electricity from renewable sources, mainly from hydroelectric power plants - saw an increase of 264 MW in 2009 bringing the total installed wind capacity up to 606 MW. By mid-March 2010 the figure reached 709 MW, according to the Global Wind Energy Council 2009 report.

Brazil has a considerably high onshore wind energy capacity of probably more than 350 GW, according to a wind atlas from the Electric Power Research Centre.

For more information please contact Trevor Sievert at ts@windfair.net
Source:
Online Editorial, www.windfair.net
Author:
Posted by Trevor Sievert, Online Editorial Journalist
Email:
ts@windfair.net
Link:
www.windfair.net/...
Keywords:
Wind energy, wind power, wind turbine, wind mill, offshore, onshore, wind farm, renewable energy




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