Uruguay’s ambition to have 1.2GW of wind power in operation by 2015 may have to be delayed for several years because logistical problems and tightening returns could make some projects unfeasible.
Brazil’s development bank, Banco Nacional de Desenvolvimento Economico e Social, BNDES, will provide 1.8 billion Reais (966 million dollars) to finance wind farms as the renewable energy source dominates government auctions for new power capacity.