Brazil to Raise Local-Content Rules for Wind, Trade Group Says
This article is for subscribers only.
Banco Nacional de Desenvolvimento Economico e Social, Brazil’s development bank, plans to increase local-content requirements for wind-turbine companies as the nation seeks to boost business for domestic suppliers, a trade-group official said.
Turbine makers in Brazil will be required to get more than 60 percent of their components from domestic companies under a new, “qualitative” method of calculating local usage, according to Elbia Melo, executive president of the Sao Paulo-based trade association Associacao Brasileira de Energia Eolica. She didn’t say by how much the new rule will exceed the current requirement of 60 percent.