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"energy" Category
BRAZIL: Ethanol Demand Expected To Increase 60% In 2018, Says NexSteppe

The RenovaBio program - which aims at increasing biofuels consumption - and rising gasoline prices in Brazil should lead to a 60% growth in local ethanol demand, said Henrique Falqueiro, director of NexSteppe, which operates in the sector.

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Over $54bn will be spent on Brazil’s upstream capex to 2020

GlobalData expects that an average capex of $18.2bn per year will be spent on 382 oil and gas fields in Brazil between 2018 and 2020.

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World's Best Breezes Lead to Cheapest Wind Power in Brazil

In northeast Brazil, beyond the resorts and pristine beaches, lie some of the world’s best winds for generating electricity.

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Brazil hits 1 GW solar milestone

Brazil is the second Latin American country to cross the 1 GW mark of installed PV capacity after Chile.

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Auction generates savings of R$ 68.5 billion for energy consumers

The energy auction carried out by the Brazilian government on Wednesday 20 December had better results than expected, with a discount of 38.7%. For energy consumers, this means an economy of R$ 68.5 billion.

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Brazil’s Energy Auction Guarantees Investments of R$8.7 Billion

Electric energy regulator (ANEEL) is celebrating the successful energy auction held on Friday, December 15th, where eleven lots were auctioned off in ten Brazilian states.

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Private Equity Firm GP Raises Fund to Buy a Brazil Power Company

GP Investments Ltda., the private-equity firm founded by Brazil’s richest man, is raising at least $300 million from international investors for a fund to buy the control of a power distribution company in Latin America’s biggest economy.

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Brazil's biodiesel output to grow 31 pct next year -Abiove

Brazil’s biodiesel output was forecast to rise by 31 percent in 2018, industry group Abiove said on Thursday, after the government advanced a much anticipated increase in the amount of the biofuel required to be mixed with diesel.

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Oil and gas giant Statoil moves into solar, acquires share in 162 megawatt Brazilian facility

Statoil is entering the solar market.

The Norwegian energy business announced Wednesday that it had signed an agreement to acquire a 40 percent share in the "construction ready," 162 megawatt (MW) Apodi solar asset in Brazil.

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Energy concessions raise R$ 16 billion in public revenue

The government has just raised R$ 16 billion in revenue through the energy concessions programme.

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