Wind in Brazil: booming wind energy market. Brazil has 1,400 MW of wind power, and provides multiplicarr eight the number of wind turbines by 2014, according to the Brazilian Wind Energy Association, ABEEólica.
Brazil is undergoing a boom in wind energy thanks to its lower output prices, coupled with government incentives that attract a growing number of foreign companies. The country’s wind industry has a current capacity of 1,400 MW and is expected that this figure is multiplied by eight for 2014, according to the Brazilian Wind Energy Association, ABEEólica.
A study by Emerging Energy Research Institute IHS notes that Brazil, the largest wind energy market in Latin America, will be 31.6 GW wind (a gigawatt equals 1,000 MW) of installed capacity by 2025.
In an energy auction in August organized by the government, owners of 44 wind farms in Brazil won 39% of the total capacity offered, providing for the first time an average price of 99.58 reais ($ 62.91) per MWH below the average of two gas projects (103.26 reals) and a hydroelectric project (102 reals).
Lower producer prices, government incentives and rising energy demand in Brazil have attracted a significant number of foreign companies.
Wobben Windpower, a subsidiary of German group Enercon, installed the first wind turbine factory in the 90s and expects to install 22 wind farms totaling 554 MW by the end of 2012. This company followed the Spanish Gamesa, Argentina’s Impsa, Germany’s Siemens, Vestas, the Danish maker of wind turbines in the world, GE Wind (a branch of GE Energy, a subsidiary of General Electric) and India Suzlon.
The latest to join the group of investors is the French giant Alstom engineering, who on Wednesday opened a plant to build wind turbines in Bahia (northeast), its first in Latin America.
The factory, located in the Camacari industrial complex near Salvador, Bahia’s capital, will have a production capacity of 300 MW to meet the domestic and export markets. Alstom said that his ambition is to reach its current wind industry 40% share in the hydroelectric sector in Brazil.