ANALYSIS: 'Big three' rise in Brazil

CPFL-owned wind turbines in Brazil

CPFL-owned wind turbines in Brazil

The fledgling, fragmented Brazilian wind industry is already entering a consolidation period and seeing the emergence of a “big three”.

Between them, Eletrobras, Renova and CPFL Renováveis account for a third – or 4GW – of all power-purchase agreements (PPAs) already signed in the so-far 12GW Brazilian wind market.

After the last A-3 tender, held in November, the state-owned company Eletrobras – mainly via its subsidiaries Chesf and Eletrosul – reached nearly 1.6GW of wind capacity contracted.

That saw it overtake the fast-growing developer Renova, with 1.4GW of wind PPAs, followed by CPFL, which has a little more than 1GW.

Those are the only three companies in Brazil that have surpassed Log in to read complete article.

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