Latin America Food & Beverage Firms Adopt Solar Energy

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Researched by Industrial Info Resources (Sugar Land, Texas)--As awareness of climate change takes hold, more companies are expanding into renewable energy, which offers advanced technology and competitive costs. Latin America has an opportunity to further develop its role as a reliable exporter of green energy, but any move in this direction requires regulatory support.

Photovoltaic (PV) plants are becoming more prevalent in the Food & Beverage Industry, driven by the need to reduce operational costs and carbon emissions. Companies are considering investments in solar power units to produce their own electricity and sell energy to national grids.

Industrial Info is tracking 297 projects, worth US$547.95 million in Latin America, for solar power unit additions in operational food and beverage plants. Brazil leads in the region. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can click here for a list of project reports.

Click on the image at right for a graph showing food and beverage solar PV project activity in the top 10 countries.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).