Vestas has obtained accreditation from the state-owned Brazilian Economical and Social Development Bank (BNDES) to manufacture turbines in the country.
BNDES certified that Vestas complies with the FINAME II code, the set of local manufacturing requirements established by the bank for foreign manufacturers operating in Brazil.
Compliance with these rules is a prerequisite set by the BNDES to have access to the bank’s special credit lines.
Based on a plan agreed with BNDES in June 2014, Vestas will now localise the production of its V110 2.0 MW wind turbine models in the country.
Aeris will produce blades; ABB will manufacture generators; and Vestas’ new factory in Aquiraz – near Fortaleza in Ceará – will localise 70% of hub and nacelle manufacturing.
Vestas Mediterranean president Marco Graziano said: “Our V110 2.0 MW platform turbines are very well-suited for Brazilian wind conditions, and the FINAME II accreditation will allow Vestas’ customers to leverage BNDES’ attractive financing.”
Image: a Vestas V110 2MW unit (Vestas)
