Resistance to new Brazil tax credit rules will dissipate, minister says
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Resistance to New Brazil Tax Credit Rules Will Dissipate, Minister Says
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Chinese electricity company SPIC announced on Wednesday a 780 million reais ($147.41 million) investment in construction of two new wind farms in Northeastern Brazil, while making its debut in the country's solar sector, with two large parks beginning operations. The company is diversifying its portfolio and aiming to become one of Brazil's three largest energy generators, Adriana Waltrick, CEO of SPIC's Brazilian unit, told Reuters. SPIC's new wind farms, to be built in Rio Grande do Norte state, will have a combined installed capacity of 105.4 megawatts (MW) to be sold on the free energy market.