Blessed with abundant surface water resources and a considerable amount of associated hydroelectric power, Brazil has lots of renewable energy, and a lot of room to generate additional power from renewable sources like wind and solar.
Brazil is the world’s second largest hydro power consumer behind China, but a sharp contrast between wet and dry seasons – along with occasional droughts – has driven the country to import LNG in recent years to supplement its energy security. Keep reading →
Brazil is a country blessed by nature. Famous for its beaches, renowned for its beauties, the emerging global economic leader is also blessed by huge energy reserves, ranging from deep sea oil to huge rivers that drive hydroelectric production and some of the best wind resources in the world.
Countries have built wind energy as a complement to their existing power infrastructure, but in few places does the natural setting make wind so much “the perfect partner” for hydroelectric power as Brazil, the Global Wind Energy Council said in a report on regulatory frameworks for the country’s emerging wind industry. That is nature at work, with the wind cycle complementing Brazil’s rainy season by blowing strongest during the dry season. Keep reading →
Indications that fierce competition in the global wind turbine industry is about to intensify came with news from the world’s largest wind turbine manufacturer. Vestas abandoned its forecast of €15 billion in revenues in 2015 and said that job losses and restructuring will follow instead.
The Danish manufacturer’s third quarter results signal the challenges ahead as established players seek traction in emerging markets to compensate for oversupply, market expansion slows and the US and EU face potential double dip recessions, just as Chinese companies entice overseas customers with knock-down prices. Keep reading →
There may be fewer players in the European wind sector in a few years, but it won’t be because the continent’s industry has shrunk.
With order volumes on the rise and the industry’s cumulative backlog reaching new highs, investment firm Jefferies & Co. said in its most recent wind industry outlook for Europe. Vestas and Siemens lead the pack in the sector. Keep reading →
The fifth largest wind turbine manufacturer in the world with installations in 28 countries, Suzlon has reason to worry about the efficiency of wind turbines.
It’s most recent turbine, the S9X will make it cheaper and easier to produce electricity from less wind, Suzlon’s Chief Technology Officer John O’Halloran told a small audience in New York on Thursday. Keep reading →