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Toshiba Corporation, Ethiopian Electric Power to collaborate in geothermal energy projects

Japan’s Toshiba Corporation will be working to bring geothermal power to the African country of Ethiopia. While Ethiopia is a geothermal rich country – with resources estimated at around 6,000 megawatts – the sector has yet to be truly explored and developed. Toshiba Corporation and publicly-owned utility Ethiopian Electric Power have formed a partnership and signed a memorandum of understanding that will see the two companies collaborate in...

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U.N.I.D.O., R.C.R.E.E.E. work together for energy efficiency and renewable energy in the Arab region

The United Nations Industrial Development Organization and the Regional Centre for Renewable Energy and Energy Efficiency will collaborate to help promote energy efficiency and renewable energy in the Arab Region. The collaboration between the two institutions was solidified through the signing of a memorandum of understanding in Vienna just this July 18. Under the M.O.U., the institutions have agreed to share knowledge and expertise relating to in...

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Iberdrola completes its first three renewable energy projects in South Africa

Iberdrola has completed two wind farms and a photovoltaic power plant in South Africa. These three are the Spanish electric company’s first renewable energy projects in the country. The three renewable energy projects, which are worth $369 million in contracts, is the largest endeavor carried out by Iberdrola in the renewable sector in Africa to date. The two wind farms and the PV power plant were built by a subsidiary of Iberdrola in a consortium with...

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BYD’s first electric bus manufacturing facility in South America to rise in Brazil

BYD has announced that they will be opening their newest factory for the manufacturing of their electric buses in the city of Campinas in Brazil. The city of Campinas, in the Sao Paulo region, has been selected as the site of BYD’s first South American manufacturing facility. Slated to open in 2015, the facility will manufacture and assemble BYD’s long range pure electric transit bus as well as the BYD recyclable iron-phosphate battery packs to...

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World Bank-supported center to promote green business in the Caribbean

The World Bank has just established a business center designed to support the Caribbean’s growing number of clean energy and climate technology ventures. Known as the Caribbean Climate Innovation Center, the business hub is the first of its kind in the region and will help reduce significant threats posed by climate change through the creation of new green businesses. Particularly, the C...

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G.E. hits 500th turbine mark, continues expansion in Brazil

After marking their 500th wind turbine installation in Brazil, technology giant G.E. is intent on continuing their dominance in the Brazilian wind sector. The company has announced that they are pouring additional investments into their Brazilian operations with the expansion of their manufacturing facility in Campinas, Sao Paulo. With the expansion of the Campinas facility, G.E. hopes to continue to serve the...

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Brazil solar power market rising in value

Brazil is looking at a solar market worth $431.1 million in 2017. New analysis from Frost & Sullivan finds that a stable economy and booming energy sector are drawing investors into the Brazilian solar market which earned revenues of $29.3 million in 2012. Companies from Spain, Portugal, Italy, the United States and China are already seeking to establish a foothold in the market. Frost & Sullivan sees the market...

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Clean Energy Finance Corporation funding two Australian wind farms

Two major wind farm projects in Australia will be the beneficiaries of the Australian government’s Clean Energy Finance Corporation. The C.E.F.C., a legislated fund dedicated to investing in clean energy, will invest 50 million Australian dollars ($45.94 million) to refinance Macarthur Wind Farm and will provide 37.5 million Australian dollars in senior debt finance to help build the Taralga Wind Farm. Largest...

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Ethanol sales increase despite slow sugarcane harvest - UNICA

Ethanol sales are on the rise despite a slow sugarcane harvest due to rains for the period of the second half of May to the second half of June, according to UNICA, the Brazilian Sugarcane Industry Association. Ethanol production reached 1.48 billion liters for the first half of June, of which 851.52 million liters were of hydrous while 633.31 million liters were of anhydrous ethanol. As for ethanol sales, it...

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Latin America, Caribbean to be R.E.-dependent by 2050

According to a report commissioned by the Inter-American Development Bank, Latin America and the Caribbean’s renewable energy potential is large enough to cover the region’s need for power by 2050. The report, titled “Rethinking our Energy Future,” projects that Latin America and Caribbean’s potential for renewable energy can supply them with power enough to fulfill their 2050 needs 22 times over. This feat is made...

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