The groups also signed a technology transfer accord. The joint venture will be a 50-50 partnership for development in Brazil.
“This partnership, beyond allowing us to participate more directly in the business of wind energy generation, gives us the agility to attend to the growing demand of the national market,” says Harry Schmelzer Jr, presidente of Santa Catarina-based WEG. “In addition, various produces from our line like generators, transformers, frequency inverters, motors and paint will be part of the complete package that we will supply.”
Turbines
