Brazil Wind at Risk as Weak Economy Crimps Demand, GE Says
- ‘There is a risk of the supply chain collapsing’ GE says
- Anticipated orders not enough to support wind industry
This article is for subscribers only.
Demand for wind power is coming to a screeching halt in Brazil.
The country installed 2.75 gigawatts of turbines in 2015, making it the world’s fourth-biggest market. So far this year there hasn’t been a single new contract for power from wind farms sold at auctions, and General Electric Co., the top supplier, doesn’t see much on the horizon.