Brazil

Brazil’s Renewable Curtailment to Average 8%; Needs BESS Fix: Finds Study

Brazil’s power sector is poised to add 76 GW of new solar and onshore wind capacity through 2035, driven by transmission and distribution tariff discounts, says Wood Mackenzie’s latest analysis.  Whereas, the distributed solar installations are projected to grow at a 5.5% compound annual growth rate (CAGR), according to Wood Mackenzie analysis. Despite this substantial […]

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2025: BRICS Solar Generation Jumps 39% YoY, Russia, Egypt, Indonesia Trail

A new report from energy think tank Ember shows that the ten BRICS nations accounted for 51% of global solar electricity generation in 2024, up from just 15% a decade earlier. The findings, released ahead of the BRICS summit, highlight a major shift in the global energy transition, positioning the bloc as a key player. […]

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China Gains EV Market Share in Thailand, Brazil Amid US Policy Lag: Report

BloombergNEF’s annual Electric Vehicle Outlook (EVO) expects nearly 22 million battery electric and plug-in hybrid vehicle sales this year, up 25% from 2024. It associates the rise in sales with a drop in lithium-ion battery cost and with the increase in production of more affordable EV models, ramp-up. China currently accounts for nearly two-thirds of those […]

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Dwijadas Basak Takes the Helm as Tata Power-DDL CEO

Tata Power Delhi Distribution (Tata Power-DDL), a power utility serving approximately 9 million people in North Delhi, has appointed Dwijadas Basak as the new Chief Executive Officer (CEO) of the company, effective June 9, 2025. Commenting on his appointment, Praveer Sinha, CEO & MD, of Tata Power Company Limited said, “I welcome Dwijadas Basak as […]

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ArcelorMittal’s 1GW Renewable Energy Project Begins Power Supply To Nippon Steel

ArcelorMittal’s 1GW solar and wind project located in  Andhra Pradesh, southern India, has recently started providing clean electricity to AM/NS India which is  ArcelorMittal’s 60/40 Indian steelmaking joint venture with Nippon Steel.  The $0.7 billion project was developed, constructed, and commissioned by AM Green Energy, an ArcelorMittal subsidiary. The India renewables project has been developed […]

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South America’s Offshore Wind Boom Slows On Brazil Delays: Report

South America’s offshore wind sector, led by Brazil and Colombia, is grappling with regulatory bottlenecks and infrastructure gaps that threaten to delay one of the promising green energy pipelines, according to a new report by the Energy Industries Council (EIC), a trade association for the energy supply chain and provider of data, market insights, and […]

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SOFAR Debuts On Shenzhen Stock Exchange

SOFAR, a China-based solar and energy storage solution provider, made its debut on the ChiNext Board of the Shenzhen Stock Exchange (Stock Code: 301658) on April 2. Chairman Xu Tao rang the opening bell in the presence of government officials, partners, and industry stakeholders.  The listing marks support the company’s role in China’s “Dual Carbon” […]

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Brazil’s Solar Growth Soars, Eyes 200 GW by 2050

Brazil needs to rapidly scale its decarbonization efforts to become a net-zero economy by 2050, according to New Energy Outlook: Brazil, released by BloombergNEF (BNEF). The report builds on the results of BNEF’s flagship New Energy Outlook 2024 and examines Brazil’s decarbonization trajectory using bottom-up modeling across the power, transport, industry, and buildings sectors through […]

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Bifacial Modules Delivered 32% More Power Than Monofacial: Report

The latest research report by Enverus found an increase in the average rated power capacity per simulation, which reached 340 MW in Q3 2024. It found that countries like Saudi Arabia, Portugal, Australia, and Brazil recorded the highest average rated power capacity per simulation in 2024, followed by Indonesia, South Africa, Chile, and the US. […]

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