The Inter-American Development Bank (IDB) approved a private sector loan for up to 132.6 million to partially finance the construction of the Carapé I and II wind farms in Uruguay.
Greater Gabbard wind farm, which is reportedly the second largest offshore wind farm in the world, costing £1.3 billion and generating enough clean electricity to power over half a million homes, was officially opened off the British coast of Suffolk by the Energy and Business Minister Michael Fallon.
President Sebastian Piñera inaugurated Chile’s joint-largest wind farm at an official ceremony. The 90MW Talinay East facility is owned by Italy’s Enel Green Power and features 45 Vestas V100 2MW turbines in the country’s central Coquimbo region, 400 kilometres north of Santiago.
Uruguay and Brazil agreed this week to jointly set up a 100MW wind farm in Uruguayan territory demanding an investment of 200 million dollars and which should become operational by 2013.
Brazil is going through a wind power boom as production prices fall and government incentives attract a growing number of foreign suppliers. The wind power sector has a current capacity of around 1,400 megawatts, and is expected to grow nearly eight-fold by 2014, according to the Brazilian Association of Wind Energy ABEEolica.
President Cristina Fernandez opened Friday in Patagonia the largest wind farm in Argentina. The Rawson Aeolic Park will eventually generate 80 MW sufficient to supply 100.000 homes according to the private investors.
Uruguay could enjoy 1.3 billion dollars of wind farms in the next four years after developers said they could provide electricity cheaper than conventional energy sources.
Wind farms have come out on top in the latest round of power auctions organized by Brazil’s government. Slowly letting go of government protection to compete head-to-head with historically cheaper fossil fuel energy, the wind power sector indicated its potential strength.
Spain’s Elecnor group is building more wind power plants in Brazil’s southern state of Rio Grande do Sul totalling an estimated 300 MW. The undertaking was boosted by funding from Brazil economic and social development bank, BSDES)
Denmark-based Vestas has secured an order from a consortium created by Brennand Energia and Companhia Hidro Eletrica do Sao Francisco in the north east of Brazil to supply turbines with a total capacity of 90MW for three wind energy projects.