BNDES Shuts Five Firms Out of Brazil Wind Turbine Market: Five of the biggest wind-turbine makers have been shu...

BNDES Shuts Five Firms Out of Brazil Wind Turbine Market | Renewable Energy News Article

renewableenergyworld.com 20 Jul '12, 3pm

BNDES Shuts Five Firms Out of Brazil Wind Turbine Market: Five of the biggest wind-turbine makers have been shu...

Vestas Wind Systems A/S, Suzlon Energy Ltd., Siemens AG, Acciona SA and Fuhrlaender AG aren’t getting at least 40 percent of their parts from local suppliers and are no longer eligible for BNDES financing, the country’s only source of loans for turbines, said Elbia Melo, executive president of the wind industry trade group, Associacao Brasileira de Energia Eolica. Developers can’t tap BNDES loans for 2,000 megawatts of turbines they agreed to buy from the suppliers, and will either suspend construction on some projects or switch vendors, Melo said. The world’s top turbine makers are setting up Brazilian plants to meet surging demand and haven’t established the domestic supply chain they pledged to create, according to government officials. “BNDES and the turbine makers agreed on a timeline to develop factories and turbine makers didn’t keep to it,” Henrique Tinoco, a direc...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

Tweets

@EcoManLeader » 20 Jul '12, 4pm
#Wind Five of the biggest wind-turbine makers have been shut out of Brazil's $3.5 billion market by the national... [link]
@sepconet » 20 Jul '12, 4pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market - Five of the biggest wind-turbine makers have been shut ou... [link]
@santalvarez » 20 Jul '12, 3pm
Move 2 cut financing 4 wind-turbine makers will undermine Brazil's efforts 2 diversify its energy mix [link] #renewableenergy
@KimRipleyHartt » 20 Jul '12, 3pm
RT @cleanlantern: BNDES Shuts Five Firms Out of Brazil Wind Turbine Market: Five of the biggest wind-turbine makers have been shu... [link]
@britlighthouse » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market: Five of the biggest wind-turbine makers have b... [link] #Green
@freee1ectricity » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market: Five of the biggest wind-turbine mak... [link] #renewableenergy
@cleanlantern » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market: Five of the biggest wind-turbine makers have been shu... [link]
@astreaminggreen » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market [link] #GREEN
@GreenGap » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market [link] #renewableenergy
@thedickensheets » 20 Jul '12, 3pm
“@REWorld: BNDES Shuts Five Firms Out of Brazil Wind Turbine Market [link] #windpower” interesting stuff #buylocal
@SusanJaneSmith » 20 Jul '12, 3pm
RT @REWorld: BNDES Shuts Five Firms Out of Brazil Wind Turbine Market [link] #windpower
@NEUE_ENERGIE_VS » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market [link] #windenergy #fb
@energyindia37 » 20 Jul '12, 3pm
Wind Energy: BNDES Shuts Five Firms Out of Brazil Wind Turbine Market: Five of the biggest wind-turbine makers ... [link]
@GreenGap » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market [link] #windpower #wind
@NewWindPower » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market [link]
@GreenHomeSask » 20 Jul '12, 4pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market: Five of the biggest wind-turbine… [link]
@GreenNewsDaily » 20 Jul '12, 4pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market #green [link]
@ShiftSolutions » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market: Five of the biggest wind-turbine makers have been shu... [link]
@ShiftSolutions » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market: Five of the biggest wind-turbine makers have been shu... [link]
@SolarCentreUK » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market: Five of the biggest wind-turbine makers have been shu... [link]
@BestSoCalSolar » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market [link] #RenewableEnergy
@KentSolarEnergy » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market: Five of the biggest wind-turbine makers have been shu... [link]
@sustrelations » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market: Five of the biggest wind-turbine makers have been shu... [link]
@WaterburyLEAP » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market [link] #renewableenergy
@maxxsolar » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market: Five of the biggest wind-turbine makers have been shu... [link]
@kellygreenworld » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market: Five of the biggest wind-turbine makers have been shu... [link]
@NEUE_ENERGIE_VS » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market [link] #renewableenergy #fb
@forefronts » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market [link]
@FuturePowerGen » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market [link]
@FuturePowerGen » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market [link]
@REWorld » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market [link] #windpower
@forefronts » 20 Jul '12, 3pm
BNDES Shuts Five Firms Out of Brazil Wind Turbine Market [link] #WIND