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Brazil To Invest More In Solar And Wind Energy Projects
Hydroelectric power is the main source of energy in Brazil to date, but with the recent draughts still affecting the country, it has been necessary to look at other sources. By 2040, Brazil is expected to attract US$ 300 billion in investments for electricity generation – most of it (70%) will go to solar and … Continue reading
India’s Solar Energy: Softbank Corp To Team Up With Bharti Enterprises And Foxconn To Invest About $20 Billion
“Japan’s Softbank Corp is to team up with Bharti Enterprises and Taiwan’s Foxconn to invest about $20 billion in solar projects in India as the country steps up efforts to boost the renewable energy sector,” The Times of India reports. “Softbank, which has said it will invest $10 billion in India over time, said on … Continue reading
China Plans Major Solar Power Plant In Kenya Linked To A $5 Billion Investment Project
“China is set to construct a solar power plant in Kenya as part of an ongoing investment plan between the two countries (…) The 50-megawatt plant, which is planned to be built in the city of Garissa, will be financed by the Export-Import Bank of China,” China’s ambassador to Kenya,” Liu Xianfa, said according to International Business … Continue reading
India: SunEdison To Invest $15 Billion By 2022
“SunEdison* plans to invest $15 billion in India by 2022, a top executive said, as the renewable-energy company seeks to deepen in its foothold in a country where power producers have struggled to meet demand,” MarketWatch reports. “We believe much of the growth in renewable energy in the next 15 years will be from emerging … Continue reading
Brazil Granted Contracts for 31 New Solar Parks
Last Friday Brazil granted contracts for the construction of 31 solar parks. Amid an energy crisis caused by the worst drought in 8 decades, the country has been fighting to diversify its energy sources. Brazil’s energy regulator accepted 20 year long energy supply contracts with companies that will invest around $1.67bn. The lucky entities will start to … Continue reading
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