President Lula Signs Historic Law to Propel Brazil’s Offshore Wind Energy, Boosting Economic Growth and Energy Security
Brasilia, Brazil — President Luiz Inacio Lula da Silva has officially enacted new legislation aimed at bolstering Brazil’s renewable energy sector through the development of offshore wind farms. Signed on Friday, the law is set to improve the nation’s energy security and open doors for significant investment in renewable technology. The newly approved legislation frames the guidelines required for utilizing and developing wind energy resources off Brazil’s extensive coast. It details the strategic locations allowed for wind energy production including the territorial sea, the exclusive economic zone, and the continental shelf areas of Brazil. The … Read more