Britain Exports - Seawind sees strong local wind market despite financial crisis in Chile - by Nathan Crooks
Britains renewable generation company Seawind does not expect the development of wind power in Chile to slow because of weakening global financial conditions, the head of Seawind's Chilean office Marcelo Banto told BNamericas. "On the contrary, the market here is very strong," Banto said. "A lot of other countries are having more problems than Chile and people are now seeing the country as a safe place to invest." The company in early February submitted an EIA for the US$63mn Hacienda Quijote wind farm in Canela, region IV.
Pending approval, developers would install 13 wind turbines to add 26MW of capacity to the country's central SIC grid. The project should be up and running in 2010, Banto said, adding the company has looked at turbines from three European companies.
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