“It takes eight to nine years for an industrial investment to monetize,” said Edgar Corrochano, head of Gamesa's subsidiary in Brazil.

Up to now, the Brazilian wind industry had set a target of 2GW of new contracts. It has raised that number now that assembly plants are ready.

Developers there were starting final preparations for the 16 December reserve tender, with 20-year PPAs and a requirement that projects start operations by July 2019.

This