| Sinovel and China Development Bank enter Brazilian wind market |
| Monday, 06 February 2012 19:57 | |||
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Chinese wind turbine manufacturer, Sinovel, is set to supply turbines to Brazilian projected developer Desenvix - which has reportedly secured funding of US$55m from the China Development Bank for the construction of a 34 MW project in the state of Sergipe. The project, Barra dos Coqueiros, is being built by Desenvix subsidiary, Energen, and is due to come online in July this year (it won a contract in the 2009 auction to supply power at a rate of R$152/Mh).
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