World set to install 593 GW of new solar in 2024 - Ember
Sep 19, 2024 13:28 CESTMar 12, 2013 - Brazil's CPFL Renovaveis said that the announced BRL 5 billion (USD 2.6bn/EUR 1.9bn) investment refers to the period 2011-2015 and not 2013-2015 like reported last week by local energy news portal Canal Energia.
Canal Energia corrected the information yesterday, explaining that the company will invest as much as BRL 2 billion in the next years in order to complete 582 MW in projects already in development.
In 2013 alone, CPFL Renovaveis will put BRL 1.1 billion in the expansion of its power generation capacity, the portal also wrote.
CPFL Renovaveis was formed in 2011 via the merger of the renewable assets of Brazil's power firm CPFL Energia (SAO:CPFE3) and green energy investment player ERSA. Its current project development portfolio stands at 3.8 GW.
(BRL 1 = USD 0.511/EUR 0.39)
World set to install 593 GW of new solar in 2024 - Ember
Sep 19, 2024 13:28 CESTBrazil’s Rio Grande do Sul agrees green hydrogen pact
Sep 19, 2024 11:42 CESTArcelorMittal buys majority stake in Brazilian solar holding
Sep 19, 2024 9:29 CESTWeekly renewables M&A round-up (Sep 9-13)
Sep 13, 2024 17:19 CESTBrazil's RZK Energia partners up with Matrix for 38 MWp of DG solar
Sep 13, 2024 9:53 CESTBrazil's Piaui govt clears operations for 300-MW wind park
Sep 12, 2024 9:29 CEST