www.pennenergy.com
31 August 2010
Argentine company IMPSA is building a wind farm in the province of La Rioja, while Brazil is planning five new wind power facilities. The project is expected to generate 25MW, according to a report by Business News Americas, which cites a company spokesperson. The site is expected to be in full operation by the end of the year, and its capacity is expected to be doubled by 2011, the report said.
In neighbouring Brazil, the Ministry of Mines and Energy is developing a plan entitled 'Special Regimes of Incentives for the Development of Infrastructure,' which has five new wind farm projects with a total capacity of 96MW. The programme will provide tax credits. As in countries around the world it is hoped that this will prove an incentive for foreign investors.
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