Brazilian Wind Energy Prices May Fall Below 2010’s Record Lows
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Brazilian wind energy is the world’s cheapest, based on contracts sold at two government-sponsored auctions last year, and prices at the next auction may be lower still as new manufacturing plants go into production, a developer said.
General Electric Co., Germany’s Siemens AG and India’s Suzlon Energy Ltd. are all building turbine factories in Brazil that will help reduce project costs, according to the renewable energy developer Renova Energia SA.