Brazil

A great week for the fight against climate change

This week might be remembered as one of the turning points in the fight against climate change as good news came from Canada, India and the European Union. The Paris Agreement will indeed come into force by the end of the year.

2015 was another record year for renewables

According to two recent studies, 2015 was yet another record year for renewable energy sources as no less than $285.9 billion (256 billion euros) have been invested in that sector last year. 

Uruguay to invest $2.6 billion in Wind energy

The drought that is affecting Brazil so much is also undermining Uruguay and its large dependance on hydro energy ( 74 percent of local electricity ). The current alternative to hydro is oil. So the country will invest $2.6 billion ( 2.3 billion euros ) in wind energy in the next couple of years.

Cleantech investments rebounded in 2014

According to Bloomberg New Energy Finance global investments in clean energy such as wind and solar bounced back in 2014 with an increase of 16 percent over 2013. They reached $310 billion (260 billion euros).

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