Opportunities for Atlantic Canada industrial supply chain in Brazilian & LATAM offshore wind developments.
With Brazil increasing its policy support and ambitions for a thriving offshore wind market, it has the potential to be an important export market for Canadian suppliers that have capabilities to service project development. In addition to Brazil, other countries in Latin America (LATAM), like Colombia and Chile are making strides in offshore wind (OSW) development. Marine Renewables Canada (MRC) has delved deeper into the Brazilian market specifically, and broader LATAM region, to gather market intelligence and better understand market potential and entry points for MRC members and Canadian companies.
With support from the Atlantic Canada Opportunities Agency (ACOA), MRC commissioned a study to ascertain the realistic commercial opportunities for Canadian firms in the LATAM OSW development markets, with specific emphasis on Brazil, and align those with the capacity and competitive capabilities.
This study was aimed at providing actionable advice that can improve the chances of commercial success by Canadian industrial supply chain companies who seek to capture contracts in support of the development of the Brazilian OSW sector. It also provides a broader overview of other countries in LATAM that hold potential for OSW development.
Read more:
→ Full Study (available to MRC members through the members-only portal)