Brazil includes 90 MW of wind plants in incentive scheme
Nov 20, 2014 - Brazil's energy ministry has agreed to include three wind power projects of 30 MW each in Piaui state into the government's Incentive Regime for Infrastructure Development (REIDI), according to decrees published in the official gazette on Wednesday.
The Ventos de Santa Joana II, VI and VIII wind plants will be built in the municipalities of Caldeirao Grande do Piaui and Marcolandia by September 1, 2015. Each project is expected to cost BRL 117 million (USD 45.5m/EUR 36.2m).
REIDI, launched in 2007, grants tax incentives to companies investing 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.