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Power

Iberdrola: To Invest US$ 2.1 B in Brazil by 2023

Jan 24, 2020

CEO Ignácio Galán announced the investment plan In a meeting with São Paulo state governor and secretaries

Eletrobras Announces US$ 1.75 B Overseas Issue

Jan 24, 2020

International bonds mature in 2025 and 2030 funds will be used to refinance debt

Bracell To Contribute 180 MW to the Market

Jan 23, 2020

The company will invest US$ 241 M in projects and adaptations to inject energy into the national grid

51.4 GW Registered for the A-4 New Energy Auction

Jan 23, 2020

The EPE completed registration for the competition to be held on May 28; highlights are solar and wind in BA, RN and PI

Transmission Reinforcement in the North Region Unlocks 18 GW

Jan 22, 2020

Operator now has greater transmission capacity for the Santo Antônio, Jirau, Belo Monte and Tucuruí hydroelectric plants

Jinko, Aldo Close Panel Distribution Deal in Brazil

Jan 22, 2020

Chinese firm wants 25% share in the Distributed Generation market and plans to invest US$ 2 million in the country

Flooding in ES Paralyze the Renova SHP

Jan 22, 2020

The plant located in the municipality of Alfredo Chaves has a capacity of 21,000 kW

Startup Partnership Improves Engie Management of Hydroelectric Services

Jan 21, 2020

Software developed by RoadLabs promises a 10% reduction in the costs of managing environmental services

Equatorial Debuts Two TLs in the West and Southwest of Pará

Jan 21, 2020

The group invested US$ 204 M in work that reinforces distribution capacity in the state

More Than 3 GW in Solar Projects Planned for the Free Market

Jan 21, 2020

A survey by the Greener consulting firm reports that most are in the Southeast, where the load is concentrated

Chesf Finishes Wind Complexes Energization in Bahia

Jan 20, 2020

55 Wind Turbines Make Up Pindaí I, II and III complexes

Vestas Installs First Turbine Over 4 MW in Brazil

Jan 17, 2020

Unit integrates a set of 24 wind turbines in Echoenergia RN farm

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From the Media

Jan 24, 2020 - Bloomberg

A long-delayed plan to capitalize and privatize Brazil’s Eletrobras will move forward this year, Privatization Secretary Salim Mattar said amid concerns that delays in the sale of the power utility may force the government to freeze part of its budget. Eletrobras will be capitalized in 2020,” Mattar said in an interview at Bloomberg’s São Paulo office. “It’s irresponsible to say that Congress won’t approve the bill that allows the privatization this year.”

Jan 24, 2020 - Business Day

Brazil, which became a net oil exporter in 2019, wants to expand its footprint in global energy markets without joining the Organization of the Petroleum Exporting Countries (Opec). The South American nation expects to be among the top-five energy exporters by 2030, and is tapping private investment to boost output, according to energy and mines minister Bento Albuquerque. It is also working on making rules more favourable for investors in upcoming auctions for oil and natural gas licences. “The idea is just to increase our production and to participate more in the international oil and gas market,” he said in an interview in New Delhi. “But this is not a plan for Brazil to join Opec or any other association or group of oil and gas producers. We don’t want restrictions, we want to increase our production.”

Jan 24, 2020 - Power Technology

French multinational electric utility company ENGIE has acquired a 30-year greenfield concession project in Brazil through a tender process launched by Sterlite. The project includes construction, operation and maintenance of an electric power transmission line, covering 1,800 km, and a new substation, as well as the expansion of three additional substations located in northern Brazil. The project will require an investment of US$ 828m). ENGIE CEO Isabelle Kocher said: “This transaction follows the acquisition in Brazil of the TAG gas transmission network, which represents 4,500km of gas pipelines or 47% of the country’s total gas infrastructure.”

Jan 24, 2020 - Financial Times

As concerns about climate change soared last year, the boss of Brazil’s biggest company delivered a message to try to assuage anxieties. Roberto Castello Branco, the president of oil company Petrobras, promised to increase efforts to curb emissions, saying decarbonisation was “one of our priorities.” The positive message, however, masks an inconvenient truth: in contrast with many of its global peers, Petrobras has made scant effort to diversify into green energy.