Brazilian Renewable Energy Revenue in 2011 Exceeds $104 Billion

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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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Adam Johnston

is expected to complete the Professional Development Certificate in Renewable Energy from the University of Toronto by December 2017. Adam recently completed his Social Media Certificate from Algonquin College Continuing & Online Learning. Adam also graduated from the University of Winnipeg with a three-year B.A. combined major in Economics and Rhetoric, Writing & Communications in 2011. Adam owns a part-time tax preparation business. He also recently started up Salay Consulting and Social Media services, a part-time business which provides cleantech writing, analysis, and social media services. His eventual goal is to be a cleantech policy analyst. You can follow him on Twitter @adamjohnstonwpg or check out his business

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