Italy-Brazil: the OIR report on renewable energies in the South American country

23/09/2011

Renewable energies in Brazil will be discussed on 30 September in Milan, with the presentation of the OIR report.

The OIR (Osservatorio Internazionale sull'Industria e la Finanza delle Rinnovabili - International Observatory on the Industry and Finance of Renewable Energy) report on the Brazilian renewable energy market will be presented on 30 September in Milan, at the Ambrosianeum. The presentation will take place during the seminar dedicated to the Brazilian market for renewable energies, organized to discuss in depth with the Italian business world, with regards to the business opportunities of four emerging markets: Russia, China, India and Brazil, of course. 
Roberto Testore of Assolombarda, Mauro Brolis of Regione Lombardia and Cestec, Carlos Senna Figueiredo of CNI (associazione degli industriali brasiliani - Association of Brazilian Businessmen) and Andrea Falessi of Enel Green Power will be present at the event. The debate will be coordinated by Andrea Gilardoni, a teacher at the Bocconi University of Milan, and president of OIR. Brazil is investing heavily in the development of renewable energies, above all in wind energy, biomass and mini-hydro. The Brazilian ten-year energy expansion plan estimates to reach considerable amounts of installed capacity regarding renewable sources: 4,600 MW more for wind energy, and 2,850 for mini-hydro by 2019. With regards to biomass, the aim of reaching 8,550 MW of installed power by 2019 was almost reached in 2010 (8,210 MW). In 2010 alone, USD 7 billion was invested in renewable energy. For 2015, the forecast is to reach USD 21 billion.