Wind

Local matters, local markets?

With the spring conference circuit around the corner, it is perhaps all too easy to be focus on local matters and local markets. After all, with the North Sea waters starting to open up and with a whole host of EU states opening up their borders for renewable energy investment, consultants and developers already have plenty of opportunities sitting in the in tray.

But amid the furore, every once in a while it’s worth looking further afield to ensure that we’re not forgetting the bigger picture.

Take Brazil for example. Only this week, General Electric have signed a deal to supply the largest country in South America with more than 1GW of power in the next two years, while the likes Suzlon is already racking up the sales and opening a local factory in the region.

Sure, Brazil’s change in foreign policy has a lot to answer for this recent flurry of announcements but don’t think this is a temporary investment blip. From this point forwards, there will be a whole host of territories vying for the attention – and investment – from industry heavyweights.

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