IN DEPTH: Brazil’s local discontent

Alexandre Spatuzza – Recharge News, 8/4/2014

The national development bank, BNDES — which offers cut-rate loans to developers using accredited turbines — has brought in a long list of local-content requirements for pretty much every component of the turbine, right down to the screws that hold them together.

While much of the focus of the so-called Finame requirements has been on the four main criteria — that towers, blades, hubs and nacelles are sourced locally — there is an even bigger problem to solve — there are not enough local parts manufacturers to meet the demands of the 2GW-a-year industry.

And this is just one of the local difficulties that turbine manufacturers face in Brazil — a saturated market with relatively low power prices, expensive production, thin margins, troublesome logistics, high taxes and complex bureaucracy.

Read more…

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