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"energy" Category
Brazil's Usiminas reverses loss as steelmaking revenues rise

Usinas Siderúrgicas de Minas Gerais SA reversed a loss in the first quarter as early signs of a recovery in industrial output allowed Brazil's No. 1 listed flat steelmaker to hike prices for some products and increase sales volumes by about 4 percent.

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Nordex finalises 195MW deal in Brazil

The 195MW Lagoa do Barro project will comprise Nordex's AW125 3MW turbines, acquired by Nordex in its takeover of Acciona Wind Power in 2016.

An initial deal between Acciona and Atlantic Renewable Energy's owner, UK-based investment firm Actis, was agreed in March 2015.

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Renova may close sale of Brazilian wind complex on Monday

Renova Energia SA (BVMF:RNEW11) is expected to complete the sale of the 386-MW Alto Sertao II wind power complex in Brazil’s Bahia state as early as Monday, Reuters reports.

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Brazil Invites Turkish Investment As New Rounds Open In 2017 And 2018

Brazil has invited Turkish oil and gas companies to invest in the South American country’s energy sector revitalization process in 2017 and 2018, according to new reporting from Anadolu Agency.

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Canadian Solar secures funding partly for 191MW project in Brazil

Vertically integrated PV firm Canadian Solar has secured US$20 million in funding from the China and Portuguese-led Countries Cooperation and Development Fund (CPDFund) to support a number of solar projects in Brazil, including the 191MW Pirapora I Project in the state of Minas Gerais.

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Interesse por mercado livre de energia ganhou força em 2016

A migração de empresas para o mercado livre de energia teve crescimento expressivo em 2016. Segundo dados da Câmara de Comercialização de Energia Elétrica – CCEE, o número de pedidos de adesões aprovados foi 25 vezes superior a 2015.

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Brazil's Eletrobras in talks with China's Shangai Electric

A subsidiary of Brazil's power holding company Centrais Eletricas Brasileiras SA is in talks with China's Shangai Electric Group Co to sell part of its power transmission projects, the company said in a statement.

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Scatec Solar shakes up Brazilian plans with 150MW pipeline purchase

Scatec Solar will make its first foray into the Brazilian PV market with a group of four projects totalling 150MW. The company expects to invest US$212 million to realise the plants.

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White & Case: Electric energy storage: preparing for the revolution

Electric energy storage is on the cusp of a commercial breakthrough. Are markets and regulators ready?

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Chinese influence grows in Brazilian power sector

Chinese power conglomerates are being welcomed in Brazil at a time when proposed Beijing-driven power takeovers are experiencing opposition in North America, Europe and Australia.

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