NewEnergyNews: BRAZIL IN BIG WIND BUY

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    Friday, August 30, 2013

    BRAZIL IN BIG WIND BUY

    Brazil Wind Developers Win Contracts for 1.5 Gigawatts

    Stephan Nielsen and Maria Sergio Lima, August 23, 2013 (Bloomberg News)

    “Developers of wind farms in Brazil agreed to build 1.5 gigawatts of power plants for a 25.6 percent higher price compared to the last offer in a government-organized auction for contracts to sell power from new facilities…The 66 projects will sell electricity at an average rate of 110.51 reais ($46.57) a megawatt-hour and must go into operation by Sept. 1, 2015…” click here for more

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