Brazil okays 86 MW of wind to enter incentives scheme
Wind park in Brazil. Author: Fotos GOVBA. License: Creative Commons, Attribution 2.0 Generic
Brazil's Ministry of Mines and Energy approved three wind energy projects with a combined capacity of 86 MW to take part in the national Incentive Regime for Infrastructure Development (REIDI).
According to the official releases, the combined cost of the projects is estimated at roughly BRL 453 million (USD 144m/EUR 129m). More details are available in the table below.
Ventos da Bahia III
BRL 167.69 million
Ventos da Bahia IX
BRL 168.18 million
Serra da Babilonia
BRL 117.13 million
All three are located in Bahia state. The Ventos da Bahia III and IX projects have the same construction schedule, starting on May 1, 2017, with completion expected by November 11, 2018. The construction of Serra da Babilonia, on the other hand, is expected to begin on March 1, 2017 and end on October 1, 2018.
REIDI, launched in 2007, grants tax incentives to companies investing in infrastructure projects within the transport, energy, sanitation and irrigation sectors.