The
projects
will
cost
R$650m
($316m)
between
them
and
will
be
located
in
Rio
Grande
do
Norte
state.
Each
partner
will
hold
a
50%
share
and
Vale
will
use
all
the
power
produced
by
the
wind
farms
for
20
years.
”This
model
will
permit
the
expansion
of
the
Brazilian
wind
market
beyond
the
regulated
tender
market,
where
most
of
Brazil’s
wind
capacity
has
been
developed
thus
far,”
says
Rob
Grant,
chief
executive
of
Pacific
Hydro.
The
project
is
Vale’s
first
foray
into
wind
power,
and
the
company
expects
the
plants
to
help…
