Latin America
25 March 2009
Japanese company Sapporo Breweries will join forces with Brazil's state-owned oil company Petrobras to test the feasibility of producing hydrogen fuel from sugar cane dregs and other biomass.
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23 March 2009
Global energy company Abu Dhabi National Energy Company (TAQA) has finalised the $320m acquisition of a 50 per cent equity stake in the existing Caribbean portfolio of Marubeni Corporation, a Japanese trading company.
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16 March 2009
US President Barack Obama met with Brazilian President Lula da Silva on Saturday to discuss the development of biofuels across Brazil and the impact it would have on the US.
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16 March 2009
The global solar photovoltaic market installations hit unprecedented highs of 5.95GW in 2008, marking an increase of 110 per cent over the previous year, according to a report by Solarbuzz.
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16 March 2009
Brazilian sugar cane and biofuel company Cosan SA Industria e Comerico has acquired sugar cane production company Nova America from holding company Rezende Barbosa, according to reports.
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11 March 2009
Americas Wind Energy Corporation has finalised an agreement with EWT-Americas Inc., for the sales and manufacturing rights to the Canadian, US, Mexican and related territory markets.
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9 March 2009
Japanese corporation Kyocera has inaugurated its second manufacturing plant in Tijuana, Mexico to produce solar photovoltaic modules.
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5 March 2009
Brazilian oil company Petrobras is to invest $2.4bn in biodiesel and ethanol production for the 2009-2013 period, 91 per cent of which to be made in Brazil. This amount is part of the total of $2.8bn Petrobras earmarked for the biofuels business, which also foresees expenditures of $400m in infrastructure, such as ethanol pipelines. The total resources represent an 87 per cent increase compared to the previous business plan, the company said.
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2 March 2009
Solar energy companies are cutting costs at a pace that will soon make solar power competitive with grid electricity in several major global markets, according to a new report from PHOTON Consulting, entitled The True Cost of Solar Power: Race to $1/W.
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20 February 2009
The Brazilian development bank BNDES (Banco Nacional de Desenvolvimento Econômico e Social) has approved a 20 year loan of BRL7.2bn (€2.44bn) for GDF SUEZ to finance the Jirau project, a 3,300MW greenfield hydroelectric power station.
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3 February 2009
Schnitzer Steel Industries has acquired Ponce Resources, a Puerto Rican company specialising in scrap metal recycling. Financial terms were not disclosed.
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2 February 2009
The Wold Bank's $6bn Climate Investment Fund has selected which countries will be offered funding under a pilot programme.
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27 January 2009
Despite the severe downturn in the private equity markets and the corresponding reduction in liquidity, institutional investors - including pension funds, insurance companies and endowments - remain positive about cleantech and sustainable energy funds. The latest research by Almeida Capital, a specialist fundraising and placement firm, surveyed 150 of the most active and influential institutional investors worldwide in Q4 2008 about their investment plans for 2009.
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26 January 2009
Sunrise Solar Corporation is looking into providing solar power resources to two large hospitals in Mexico.
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23 January 2009
Mexican President Felipe Calderón has inaugurated the first phase of the EURUS wind farm project, which will have 250MW of power production capacity when fully operational. The wind farm represents an investment of $550m (approximately €427m) by Spanish renewable energy company ACCIONA.
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22 January 2009
Geothermal company Ormat Technologies has struck a $65m deal with Banco Centroamericano de Integracion Economica for the supply, supervision, installations and testing of Las Pailas Geothermal Plant, in Costa Rica.
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21 January 2009
Alternative investment group EEA Fund Management has strengthened its clean energy investment team in Latin America with the appointment of Francisco Avendaño as an investment adviser, based in Lima, Peru. The firm is looking to take advantage of what it describes as exciting opportunities in the region.
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20 January 2009
Geothermal energy company Magma Energy Corporation has closed $26.3m financing through the issuance of 21,045,000 common shares at a price of $1.25 per share.
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15 January 2009
Early stage energy company Fellows Energy has signed an agreement with Copper King Mining Corporation to finance the Valle del Cura and Tuzgle-Tocomar geothermal projects in Argentina, recently bought from Geothermia Andina.
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14 January 2009
Sunrise Solar Corporation's management team is set to visit Brazil for site visits to projects announced.
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