Global clean energy investment in the first quarter of 2017 was down 17% compared to Q1 2016, as market leaders China and the US scaled back support for wind and solar farms.
Enel Green Power México (EGPM), a subsidiary of Italian power giant Enel, has broken ground on the largest solar PV plant under construction in Latin America standing at 754MW in North Mexico.
NTPC targets 32GW of renewable energy deployment by 2032, The European Investment Bank (EIB) has signed an MOU with Mexican development bank NAFIN over renewables in Mexico, TEDA has invited expressions of interest for a 500MW solar park in Tamil Nadu.
Growth market investor company Actis has acquired over 1.5GW of solar PV assets from bankrupt SunEdison in Latin America as part of a US$525 million commitment to launch a new Pan-Latin American renewable energy platform — Atlas Renewable Energy.