Big rise in renewable-power investment in region


With supportive legislation in place and the market sending positive signals, clean-energy investment soared 127% last year in non-Brazilian Latin America, making the region one of the world’s fastest growing destinations for alternative technologies. The findings, released last month by Bloomberg New Energy Finance, a research firm, shows especially strong growth in Mexico, Chile, Uruguay and Peru, each of which registered triple-digit clean-energy investment growth, as Latin America added US$9.9 billion in renewables investment last year ($4.6 billion excluding Brazil). Of these countries, Mexico was the star performer, leading the pack with US$1.9 billion in new investment for a 595% increase over 2011 figures. Analysts ascribe much of the large advance in non-Brazilian Latin America to increased clean... [Log in to read more]

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