The
company
shelved
plans
for
a
Brazil-based
manufacturing
operation
in
May,
citing
falling
prices
in
an
ultra-competitive
market.
But
with
several
foreign
wind
power
manufacturers
at
least
temporarily
locked
out,
WEG
is
jumping
at
the
chance
to
land
contracts
leading
up
to
Brazil’s
next
set
of
power
tenders,
which
are
scheduled
for
October.
Brazil’s
development
bank
BNDES
has
suspended
finance
authorisation
for
developers
who
use
turbines
from
big
overseas
players
such
as
Vestas
and
Suzlon
because
they
are
not
in
compliance
with
minimum
levels
of
local
content.
“Today
we
see
that
the…
