The increase represents a recovery in lending by BNDES.In 2012 the bank had disbursed R$3.8bn to the sector.

BNDES is the key body channelling Brazilian governmentsupport to the country’s fast-growing wind sector, and is also responsible forenforcing the stringent local-content requirements that turbines must meet to beeligible for the best finance deals.

The projected rise in lending coincides with a record4.7GW-worth of contracts awarded for new wind power projects at auctions heldin 2013.

In