Friday, July 3, 2009

Brazil Set to Hold First Wind Farm Auction

Word comes from Brazil that the government will hold its first wind power auction later this year.

According to the Rio de Janeiro law firm of Schmidt, Valois, Miranda, Ferreira & Agel, "This first auction has a main goal of giving the government the necessary information on the potential market in Brazil for wind power, as well as to start development of wind farm projects." The firm's analysis of the next steps in the auction process can be accessed here.

Brazil is already a world leader in terms of biofuels. Will wind be next?

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