Figures in a new report from global consultancy EY found that the 46 percent of renewables deals comprised 63 contracts totaling $12.9 billion. Most notable was the European Union’s landmark agreement to achieve 32 percent renewable energy consumption by 2030, and three renewables deals in the US totaling $3.8 billion.
The hydroelectric and thermal assets, located in Peru, Chile, Ecuador, Guatemala, El Salvador and Argentina, were sold to I Squared Capital.
Four out of the group are based in China, with all four beginning operations in the last 13 years.
China Three Gorges Corp. (CTGC) signed an agreement with China National Nuclear Corp. (CNNC) to invest in nuclear power projects and to research and develop (R&D) new nuclear technologies.
Canadian Solar (Nasdaq: CSIQ) was awarded a 100 MW module supply agreement for the Three Gorges photovoltaic solar project in the Gansu Province of China.
MWH Global Chairman and CEO Alan J. Krause will serve as a keynote speaker for HydroVision International, the world's largest hydroelectric power conference and exhibition.
PennWell publishers Marla Barnes and Michael Grossman recently sat down with José da Costa Carvalho Neto, president of Eletrobras, in his office in Rio de Janeiro, Brazil, to learn more about this company and its ambitions for the future.
AES Corp. will sell 2,727 MW of coal-fired capacity in China for $134 million because it is unable to pass on higher coal costs to customers.