Loans approvals for the wind sector by the National Development Bank (BNDES) in the first 10 months of 2016 have plunged 62% compared to the same period a year earlier, while none have received the go-ahead for 3GW of contracted PV capacity.
According to most recent figures sent by the BNDES to Recharge, approvals of new wind loans through October reached R$1.7bn
