Costa Rica’s Reventazón Hydroelectric Dam receives a US$670m loan from the Inter-American Development Bank, bringing the country closer to its 100% renewables by 2021.
The clouds may be parting for photovoltaic (PV) solar manufacturers as a “disruptive” technology could offer profitable solutions to this battle weary sector.
China follows winning recipe for solar.... Japanese summer sorrows... India’s rich rethink electricity plant additions...Japan solar player win with Solyndra technology.
Despite the Fukushima nuclear disaster, in March 2011, Japan’ reliance on its export economy gives it no choice but to meet the continuing demand for nuclear power in the rest of Asia.
Due to delays on large hydropower projects and rising demand, Mozambique will have to wait until the end of the decade for a more reliable power supply.
Brazil tries to overcome 20 years of opposition and plans to build new dams on the Amazon.
Argentines can expect to face increases of between a factor 2 and 3, or even more, on their energy and water bills, as the government starts eliminating the increasingly costly subsidies, now approaching as much as US$17bn per year, from various sectors including energy, water and transport.