Brazil grants incentives to 30-MW Baraunas I wind plant
Jul 2, 2014 - Brazil's energy ministry has decided to include the 29.7-MW Baraunas I wind park in Bahia state in the government's Incentive Regime for Infrastructure Development REIDI, according to a decree published today.
The project, owned by Baraunas I Energetica SA, will be developed in Sento Se municipality by August 30, 2015.
The firm will invest BRL 95 million (USD 42.9m/EUR 31.5m) in 11 wind turbines of 2.7 MW each and a transmission system with a 230-kV line to the Sobradinho substation, owned by local utility Chesf.
REIDI grants tax incentives to firms investing in infrastructure projects in the transport, port, energy, sanitation and irrigation sectors.
Diana Hristova is our expert for Latin America. She has spent several years following the diverse industries in the region, the energy sector most of all. Now Diana is exploring Latin America’s huge wind, solar, geothermal and hydropower potential.