Brazilian 2011 revenue in the renewable energy sector reached $104.3 billion, according to a recent report from Research and Markets.
According to the report, the compound annual growth rate (CAGR) for revenue for Brazilian renewable energy markets between 2007 and 2011 was 2.5%.
Meanwhile, market consumption of renewables advanced within 2007-2011 at a CAGR of 3.9%, reaching a total of 451.9 kilowatt hours in 2011.
As emerging market countries like Brazil continue to grow, the importance of advancing renewables as mentioned in this report is ever important in getting towards environmental sustainability.
Source: Business Wire
Image Credit: Brazilian Flag image courtesy of Shutterstock
A University of Winnipeg graduate who received a three year B.A. with a combined major in Economics and Rhetoric, Writing & Communications. Currently attempting to be a freelance social media coordinator. My eventual goal is to be a clean tech policy analyst down the road while I sharpen my skills as a renewable energy writer. Currently working on a book on clean tech and how to relate it to a broader audience. You can follow me on Twitter @adamjohnstonwpg or at www.adammjohnston.wordpress.com
