Abstract:The Brazilian Development Bank (BNDES) has been the main source of funding for wind generation. Its main financing program (Finem) is considered a success in its attempt to promote wind generation in Brazil. Finem is linked to a local content policy that aims to internalize novel industrial chains. It was expected from solar generation to go down a similar successful path, using the same promotion and financing mechanisms as wind power generation. However, this has not been verified. There are several delayed … Show more
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