Brazil to Emerge as Wind Power Capital of Latin America: KuicK Research
Increasing Private Sector Investment and Government incentives to drive wind power Installed capacity in coming years.
- (1888PressRelease) March 02, 2012 - In its upcoming research report "Brazil Wind Power Market Analysis", KuicK Research analyzes the multiple aspects related to wind power market in Brazil. According to the report, the wind power installed capacity has witnessed phenomenal growth in recent years. The cumulative installed capacity for wind power has multiplied by almost six times during 2006-2011 and surpassed 1 GW by end of 2011. The current growth is anticipated to continue in future also with overall cumulative installed capacity is estimated to cross 10 GW by 2016.
As per the research report "Brazil Wind Power Market Analysis" findings, the lower cost for production coupled with government incentives schemes has led to favorable environment for the development of wind power market in recent years. The lucrative market conditions due to supportive policy framework has led to entry of many international players like Vestas, Gamesa, Siemens, Suzlon and GE into Brazilian wind power market landscape.
The Wind farm auctions process followed by the Brazilian government has been the major contributor towards the unprecedented growth of the wind power market in recent years. The auction process has given an edge to Brazil wind power sector development programme as compare to its neighbors in Latin America. The auction process adopted by the government has not only contributed in the past growth trajectory attained by wind power market but it has also led to the favorable platform required for the future growth and expansion of the market.
The research report "Brazil Wind Power Market Analysis" provides detailed information o cumulative installed capacity, installed capacity by region and state, operational and under construction wind farms, onshore and offshore wind resources by region at variable wind speed, changing wind power sector dynamics along with regulatory and competitive landscape.
For more information on research report please contact us at info ( @ ) kuickresearch dot com
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