Brazil includes 68 MW of wind plants in incentive scheme
Nov 14, 2014 - Brazil's energy ministry has agreed to include three wind power projects of a total 68 MW into the government's Incentive Regime for Infrastructure Development (REIDI), according to decrees on Friday.
The largest wind farm, the 30-MW Ventos de Santo Onofre II, will cost BRL 117 million (USD 45.1m/EUR 36m) and will be built in Simoes, Piaui state, while Coqueirinho 2 and Papagaio will add 20 MW and 18 MW, respectively, in Pindai, Bahia, each with an investment of BRL 31.5 million.
The projects are scheduled for completion in the second half of 2015.
REIDI, launched in 2007, grants tax incentives to investors in infrastructure projects in the transport, ports, 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.