Brazil adds 125 MW of wind projects to incentive scheme
Oct 9, 2014 - Brazil's energy ministry has included wind power projects of a total 125 MW in Ceara and Rio Grande do Norte states into the government's Incentive Regime for Infrastructure Development (REIDI), according to recent decrees.
Sao Caetano and Sao Caetano I, of 25.2 MW and 18 MW, respectively, will consist in the installation of 1.8-MW turbines in Itapipoca municipality, while Cervantes I, II and Punau I will have an installed capacity of 16 MW, 12 MW and 24 MW in Rio do Fogo.
All projects were part of an energy auction last year and should be completed by the end of 2015.
Additionally, on Thursday the ministry approved the 30-MW Ventos de Guaras I project in Bahia state, scheduled for April 2016.
The six projects will cost BRL 509 million (USD 213.3m/EUR 167.9m).
REIDI, launched in 2007, grants tax incentives to investors in infrastructure projects in the transportation, ports, energy, sanitation and irrigation sectors.
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