Brazil Wind Energy



Introduction

The secret behind the fast-growing economy in recent times can be linked to adequate infrastructural development, which invariably is not unconnected to constant and sufficient power supply. A lack of energy or its inadequacy in an economy had variously led to social and economic poverty, underdevelopment, unemployment, underutilization of rural human resources, economic stagnation, underperformance of industry and industrial sectors, and low turnover (Ulrich , 45). People in the rural areas of developing countries and some very poor nations around the world lack access to modern energy supply, with so many depending basically on traditional biomass to meet their energy needs.

The ways of adequately meeting the growing energy demands of the over 6 billion population of the world is an issue that must be met with utmost seriousness. Overreliance on the majority of sources termed the nonrenewable sources of energy is being discouraged throughout the world because of their unsustainability and, at times, their environmental unfriendliness. Green energy sources are a way to resolve the energy challenge of the world, but in using such sources, there are criteria that must be satisfied (Antônio, 14). These criteria include being affordable (i.e., it must be cheap), easily accessible, widely available, and environmentally friendly. A source of energy that satisfies these definitions is the wind.

Sustainability and Wind Power

Wind energy is one of the sustainable renewable types of energy which is being produced. With its huge rivers, Brazil still has potential to produce more from this sustainable source which makes Brazil with more hydropower capacity than any other country. On top of that, the country has unlimited solar and wind power which is being developed now (Luiz

& Jennifer, 32). It also has significant deposits of uranium for nuclear power. Brazil is a pioneer and global leader in fuel ethanol one of the cheapest and most promising source of renewable energy.

Brazil as a Major Player in Global Market

The Brazil is one of the top producers of wind energy in the world globally. The Economist prediction notes dryly that Brazil, which in 2010 overtook Italy to turn into the world's seventh biggest economy, will shortly dethrone Britain from sixth place, knocking the UK back to seventh place in global fiscal rankings. In 2010 the Brazilian economy grew by 7.5 percent after surmounting the 2008-2009 global financial recession. It will also jump to a higher standing position with the new project implementation of new project by Guodian Corporation China (Mark, 40). The China state-owned Guodian Corporation China plans to invest 100 million dollars (73 million) in building a wind turbine factory in Brazil. “Brazil is a very competitive market and it is important to have a local presence," said Peng Jinzhu, director of foreign business in the Guodian. Jinzhu Peng mentioned the states of Ceara and Rio Grande do Sul as potential sites for the installation of wind turbine factory at the same time announced a desire to Guodian to seek a partner in the country for the project. Brazil is seen as ...