New Hampshire, U.S.A.—Vestas on Thursday announced a major restructuring of its global
operations, though it remains unclear how the move could affect its
plans for the growing and lucrative Latin America market.
Recently, some of the numbers have been encouraging. In the last week in December, Vestas announced 616 megawatts of wind turbine orders for the final month of 2011. While that figure includes projects across Europe and even into Pakistan, the bulk of that figure—254 MW—will end up in Brazil, which has been aggressively pursuing wind installations and project bids from developers. The country, which has about 1.4 gigawatts (GW) of wind installations today, is looking to surpass 31 GW by 2025. So the market looks viable for the long-term.
Recently, some of the numbers have been encouraging. In the last week in December, Vestas announced 616 megawatts of wind turbine orders for the final month of 2011. While that figure includes projects across Europe and even into Pakistan, the bulk of that figure—254 MW—will end up in Brazil, which has been aggressively pursuing wind installations and project bids from developers. The country, which has about 1.4 gigawatts (GW) of wind installations today, is looking to surpass 31 GW by 2025. So the market looks viable for the long-term.
However, a recent report by Recharge details the difficulties some projects are facing as they work to get off the ground in Brazil. According to the news site, the country has just under 1 GW of wind projects that are behind schedule, and most of which are in “serious condition.”
No comments:
Post a Comment