Construction Permit issued in Brazil

innoVent´s international efforts are proving increasingly successful:

Following construction of a windfarm in China and construction permits in Taiwan and Turkey, our Brazilian office has now also been issued a building and operations permit.

The windfarm project ELEBRAS Cidreira in the South of Brazil, with 70 MW, has joined the PROINFA Program. This ensures the project a set feed-in reimbursement, without which financing for the project would be impossible. Project details already included land-use rights, an environmental study, a grid access plan and a permit procurement plan, as well as wind measurement results including a resulting profitability assessment. The project is expected to be completed by 2006.