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Brazil's Clean-Energy Boom Running Out of Steam

2016-03-04 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Brazils renewable energy industry is poised for a setback this year as the slumping economy dries up credit, curbs power demand and threatens new transmission lines needed to connect projects to the grid. Following years of growth that made Brazil the worlds 10th biggest wind market, the industry is revising down the amount of new capacity expected in 2016, along with the number of new wind projects expected to win contracts at government auctions. President Dilma Rousseff is facing issues including...

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