Brazilian Renewable Energy Revenue in 2011 Exceeds $104 Billion
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
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