Uruguay Plans Wind Farms Worth $1.3 Billion to Cut Power Costs
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Uruguay may build $1.3 billion of wind farms in the next four years after developers said they could provide electricity cheaper than conventional energy sources.
National power company Usinas Y Transmisiones del Estado may purchase electricity from 600 megawatts of projects that participated in an auction for new wind farms, four times more than expected, Ramon Mendez, director of energy at the Ministry of Industry, Energy and Mining, said in a telephone interview.