Brazil wind power market forecast and opportunities, 2017

Friday, Jul 13, 2012

Research and Markets (http://www.researchandmarkets.com/research/rx3m4s/brazil_wind_power) has announced the addition of the "Brazil Wind Power Market Forecast and Opportunities, 2017" report to their offering.

“Brazil Wind Power Market Forecast and Opportunities, 2017”

Brazil's electricity consumption growth rates fluctuate at around 5% per year, demanding the entrance of an average of 3 GW every year

Brazil is the third largest energy market in the Americas, after the United States and Canada, and its growing power sector is the largest in Latin America. Electricity consumption growth rates fluctuate at around 5% per year, demanding the entrance of an average of 3 GW every year.

Brazil aspires to become the fourth country in the world in terms of wind turbines installed capacity in 2012 and the sixth global wind energy producer by 2016. Considering the growth rate and the expansion plans of the companies coupled with the positive wind power policies of the Brazilian government, it is expected that Brazil wind power market will prove robust growth trajectory in the coming years.

According to Brazil Wind Power Market Forecast & Opportunities, 2017 Brazil's blustery coastlines and booming electricity demand have spurred a wind-power gold rush as investors flock to build turbines and set up wind farms. The market is still on the path of major developments and achievements in the coming years. With significant support from government, in terms of promising initiatives and attractive incentives, the Brazilian wind energy industry is poised to grow in the future.

Source: Business Wire