Arab Today, arab today danish vestas to invest 438m in brazilian production
Last Updated : GMT 11:42:17
Arab Today, arab today
Arab Today, arab today

Danish Vestas to invest $43.8m in Brazilian production

Arab Today, arab today

Arab Today, arab today Danish Vestas to invest $43.8m in Brazilian production

Brazilian energy production
Copenhagen - XINHUA

 Danish wind turbine producer Vestas announced Thursday that it will invest 32 million euros (around 43.8 million U.S. dollars) in its Brazilian facilities in order to meet the country's rules for local production.
The massive investment will bring the company's annual energy production in the country to between 400 and 800 megawatts and will allow Vestas to start exporting electricity to other South American countries.
"Brazil has one of the most competitive and fastest growing markets in the world and we are certain that these investments will help us meet the criteria for local production," said Jean-Marc Lechene, the Vestas executive vice-president for production and global sourcing.
"This will place Vestas as a central figure in the Brazilian market," said Lechene.
Vestas has already sold wind turbines with a combined generating capacity of 1,000 megawatts in Brazil, but since 2012 its production has been hampered after falling out of favor with BNDES, the country's development bank, over insufficient local production.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today danish vestas to invest 438m in brazilian production Arab Today, arab today danish vestas to invest 438m in brazilian production

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today danish vestas to invest 438m in brazilian production Arab Today, arab today danish vestas to invest 438m in brazilian production

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday