The plant will be built in Camaraçi, Bahia, and could see the creation of 100 jobs.
Jorge Calvert, Chairman of Gamesa, says: “The company’s presence in Brazil reflects its strategic commitment to establishing industrial capacity in markets with growth potential, enhancing our competitiveness in production and helping our customer expand internationally.
“This initiative lays the foundation of Gamesa’s commitment to developing wind projects in Brazil and commences a new business project in the country, the goal being to make Mercosur [Argentina, Brazil, Paraguay and Uruguay], and Brazil in particular, one of Gamesa’s core growth markets in the short and medium term.”
Gamesa says it will use Brazil as an industrial and operational base to expand into nearby countries such as Argentina, Chile and Uruguay, where it has wind projects under planning.
Having established a subsidiary for the region, Gamesa expects sales to increase by an annual average of 50% until 2013 in Central and South America.
Only in the last two months, Gamesa has signed agreements to supply 300 MW of wind units in Brazil for projects by Inveravante and Iberdrola Renovables.
South America had just over 600 MW of installed wind power in 2009. This is expected to increase to almost 6 GW by 2014, Gamesa says.
