www.intelligentutility.com/magazine/...-energy-market-overview
Brasil:
.....The power contracts are a double-edge sword. Average price across all auction rounds is BRL120.5/MWh ($49.5/MWh), which enables wind to compete with fossil fuel plants. However, these low contract rates force slim profit margins for wind developers and wind turbine OEMs. Most wind plant in Brazil secure low interest CAPEX financing from the country’s development bank, BNDES. This, too, is double-edged since to qualify for BNDES funding, wind plants have to meet specific local content mandates requiring wind turbine components and materials to be manufactured in Brazil. This challenge is aggravated by high number of OEMs competing and limited sub-component manufacturers.
The top three turbine suppliers in Brazil in 2013 were GE (25 percent), Gamesa (20 percent), and Vestas (19 percent). ...Gamesa has traditionally been well represented in Latin America, but the collapse of the wind market in the OEM’s home market of Spain underlines the importance for Gamesa to increase business in Latin America......
Brasil:
.....The power contracts are a double-edge sword. Average price across all auction rounds is BRL120.5/MWh ($49.5/MWh), which enables wind to compete with fossil fuel plants. However, these low contract rates force slim profit margins for wind developers and wind turbine OEMs. Most wind plant in Brazil secure low interest CAPEX financing from the country’s development bank, BNDES. This, too, is double-edged since to qualify for BNDES funding, wind plants have to meet specific local content mandates requiring wind turbine components and materials to be manufactured in Brazil. This challenge is aggravated by high number of OEMs competing and limited sub-component manufacturers.
The top three turbine suppliers in Brazil in 2013 were GE (25 percent), Gamesa (20 percent), and Vestas (19 percent). ...Gamesa has traditionally been well represented in Latin America, but the collapse of the wind market in the OEM’s home market of Spain underlines the importance for Gamesa to increase business in Latin America......