Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    StockNews24StockNews24
    Subscribe
    • Shares
    • News
      • Featured Company
      • News Overview
        • Company news
        • Expert Columns
        • Germany
        • USA
        • Price movements
        • Default values
        • Small caps
        • Business
      • News Search
        • Stock News
        • CFD News
        • Foreign exchange news
        • ETF News
        • Money, Career & Lifestyle News
      • Index News
        • DAX News
        • MDAX News
        • TecDAX News
        • Dow Jones News
        • Eurostoxx News
        • NASDAQ News
        • ATX News
        • S&P 500 News
      • Other Topics
        • Private Finance News
        • Commodity News
        • Certificate News
        • Interest rate news
        • SMI News
        • Nikkei 225 News1
    • Carbon Markets
    • Raw materials
    • Funds
    • Bonds
    • Currency
    • Crypto
    • English
      • العربية
      • 简体中文
      • Nederlands
      • English
      • Français
      • Deutsch
      • Italiano
      • Português
      • Русский
      • Español
    StockNews24StockNews24
    Home » Solar power project in Brazil favelas hopes to shine in G20 spotlight By Reuters
    News

    Solar power project in Brazil favelas hopes to shine in G20 spotlight By Reuters

    userBy userNovember 16, 2024No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    By Pilar Olivares and Fabio Teixeira

    RIO DE JANEIRO (Reuters) – For residents of Morro da Babilonia, one of Rio de Janeiro’s underdeveloped ‘favela’ neighborhoods, geopolitics rarely enters daily conversation, but as the city readies to host leaders from the Group of 20 major economies on Monday, locals hope a project of theirs will find its place in the sun.

    Within walking distance of Rio’s famous Copacabana beach, Babilonia has been slowly expanding its use of solar power since 2015, with local non-profit Revolusolar installing panels to power some 50 families’ homes in a community of less than 4,000.

    Next (LON:) year, the non-profit hopes to expand to 100 families at a cost of 1.5 million reais ($260,000).

    Revolusolar has been participating in the G20 Social, a side event created by Brazil’s President Luiz Inacio Lula da Silva for non-government groups to take part in the global forum. Lula is set to join the G20 Social’s closing ceremony on Saturday alongside first lady Janja Lula da Silva.

    “We managed to deliver one of our documents to her,” said Adriano Hazad, a Babilonia local and Revolusolar employee, who took the event as a chance to discuss plans with Rio state officials.

    The non-profit, that also provides solar power to eight other communities across Brazil, including an Indigenous community in the Amazon (NASDAQ:) rainforest, hope the visibility will bring funding and government support for sustainable energy in favelas.

    “When we are a showcase for the world, I believe it’s the time to stand out and make our project grow,” said Hazad.

    ($1 = 5.7947 reais)





    Source link

    Share this:

    • Click to share on Facebook (Opens in new window) Facebook
    • Click to share on X (Opens in new window) X

    Like this:

    Like Loading...

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleInvesting Legend Rob Arnott Warns of Coming Bear Market
    Next Article Here’s a simple 4-stock dividend income portfolio with a 7.8% yield
    user
    • Website

    Related Posts

    Money blog: UK pint price map; bad news for NatWest customers; major change at Airbnb | Money News

    May 14, 2025

    £10,000 invested in Burberry shares 10 years ago is now worth…

    May 14, 2025

    See how much income a £20k Stocks and Shares ISA could pay this year… and in 25 years

    May 14, 2025
    Add A Comment

    Leave a ReplyCancel reply

    © 2025 StockNews24. Designed by Sujon.

    Type above and press Enter to search. Press Esc to cancel.

    %d