BNDES Will Finance R$ 37.5 Million to Aeris, Manufacturer of Wind Turbines in Ceará. The Capital Will Be Used for the Acquisition of Nationally Produced Industrialized Materials
The National Bank for Economic and Social Development – BNDES will finance a total of R$37.5 million to Aeris, a national company that manufactures wind turbine blades, located in the state of Ceará, in the municipality of Pecém. The capital will primarily be used for the purchase of nationally produced industrialized materials to fulfill the sales contract for blades between 2020 and 2022.
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According to bank data, Brazil has a complete and qualified production chain capable of meeting the demand for wind turbines, accounting for 64% to 84% of the total investment in wind farms. Major wind turbine manufacturers have factories in the Northeast region of Brazil, and their machine models are state-of-the-art.
BNDES reported that the energy generation capacity of the Brazilian power matrix increased by 8,832 megawatts in 2019, of which 5,622 megawatts (64% of total capacity) correspond to projects financed by BNDES. Last year, the bank signed a contract for a wind energy project of 1,164 MW, enough to supply a total of 2.2 million households.
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After the U.S. oil blockade, Cuba faces an unprecedented collapse and puts its $827 million cigar industry at risk with blackouts, mass exodus, and production at the lowest level in history.
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Rocket Lab signs $190 million contract to provide hypersonic suborbital launches for U.S. defense testing.
New Wind Farms
Brazil installed 38 new wind farms with a total capacity of 744.95 MW in 2019, according to data from the Annual Wind Energy Bulletin by ABEEólica. At the end of 2019, there were 620 plants, 15.45 GW of installed wind energy, and US$ 3.45 billion in investments for new projects in the wind energy sector, accounting for 53% of the investment in renewable energies in Brazil.
According to the annual report from the Global Wind Energy Council (GWEC), Brazil moved up one position in the cumulative global wind capacity ranking last year and now ranks seventh. Currently, wind energy accounts for about 10% of the total energy generation in Brazil.

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