The 191.5 MW Pirapora I solar project being developed by Canadian Solar and EDF Energies Nouvelles has received $163 million in financing from the Brazilian Development Bank, the first time ever that it has provided financing to a solar generation project.
Clean energy investment in the second quarter of 2017 reached $64.8 billion, boosted by two massive solar parks in the United Arab Emirates according to Bloomberg New Energy Finance, an encouraging 21% increase on the first quarter of this year, but still down 12% compared to a year ago.
More than 47 gigawatts worth of new wind capacity is expected to be installed across Latin America over the next decade according to new analysis from MAKE Consulting.
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BYD continues its global charge into new cleantech markets at a breakneck pace. Following news of a new electric bus assembly factory in France and a full-blown factory in Hungary, BYD announced that it is expanding its operations in Campinas, Brazil, which originally opened in 2015. The company is adding a solar photovoltaic factory and an electric bus chassis assembly factory.
The world’s largest brewer, Anheuser-Busch InBev, the maker of such beers as Corona, Budweiser, and Stella Artois, has announced it has committed to transitioning to a 100% renewable electricity future by 2025.
A number of developing countries have been identified as leaders in sustainable energy, according to a new analysis by the World Bank, but there is nevertheless still tremendous room for improvement across the globe, and especially in Sub-Saharan Africa, which currently ranks as the least electrified continent on the planet.
China-based solar modules manufacturer JA Solar has secured an order to supply solar power projects being developed by Enel Green Power located in Brazil.
The Latin America Energy Forum will see over 250 energy developers, financiers and public sector stakeholders gather from North and Latin America. The Latin America Energy Forum is co-located with the Powering Africa: Summit from 9-10 March at the Marriott Marquis Washington, D.C. The Powering Africa: Summit is a conference for decision-makers in the energy sector showcasing African energy & infrastructure projects seeking investment.
Italian energy company Enel is about to begin construction of a 292 megawatt solar power installation in Brazil. When complete, it will be the largest solar facility in South America.
