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Brazil May Become Fourth Biggest Market for Wind Farms in 2012

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Feb. 7 (Bloomberg) -- Brazil may become the world’s fourth largest installer of wind farms in 2012, up from 11th last year, as some developed nations cut subsidies for renewable energy.

South America’s largest economy may build wind farms with as much as 2,000 megawatts of capacity this year, trailing China, the U.S., and India, Steve Sawyer, secretary general of the Brussels-based industry lobby group Global Wind Energy Council, said today in a telephone interview.

Stagnant economic growth and a boom in installations for clean energy projects has led Germany, Spain and France to trim support for renewables, which may contribute to a drop in new wind farms, Sawyer said.

“Brazil has a tremendous combination of high wind speeds and stability that Europeans would die for,” Saywer said. “It provides an opportunity for growing the industry without supports.”

Brazil may have 9,000 megawatts of projects online by 2016 compared with about 1,500 megawatts currently, making it the world’s sixth largest producer of wind energy behind China, the U.S., Germany, India and Spain, Sawyer said.

“They will be vying for that sixth slot with the U.K., France, Italy and Canada,” he said.

The world installed 41,236 megawatts of wind farms last year with about 44 percent of that built in China, GWEC said today in a report.

To contact the reporter on this story: Stephan Nielsen in Sao Paulo at snielsen8@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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