Brazil

Sterlite Power & Vinci Energia tie-up for Purchase of Vineyards Project

Sterlite Power, a leading developer of power transmission infrastructure in India and Brazil, and Vinci Energia (VIGT11), through Vinci Infraestrutura Gestora de Recursos LTDA, have announced the formalisation of the commitment of first acquisition of issuance of debentures convertible into shares for the Vineyards Project that is in the final phase of implementation in Brazil. […]

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Fortescue and EIG-Backed Companies Sign MoU to Develop Green Hydrogen Plant in Brazil

EIG, a leading institutional investor to the global energy sector, and Prumo Logística S.A. (“Prumo”), a private Brazilian company controlled by EIG, today announced the signing of a Memorandum of Understanding (“MoU”) between Prumo’s subsidiary, Porto do Açu Operações S.A. (“Port of Açu” or the “Port”), and Fortescue Future Industries Pty Ltd (“FFI”). FFI is […]

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KPTL Acquires Brazilian Power T&D EPC Company Fasttel Engenharia

KPTL has signed a definitive agreement to acquire a controlling take of 51 percent in Brazilian T&D EPC company Fasttel Engenharia. Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector, has announced that its wholly-owned subsidiary in Brazil – Kalpataru Power do Brasil Participações has signed a […]

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Sungrow Cumulative Shipments to the Americas Cross 10 GW Mark

Sungrow, a leading inverter solution supplier for renewables, has announced recently that its cumulative shipments in the Americas has hit the milestone of 10 GW by the end of 2020, underlining its position in the deep decarbonisation of the local economy. Significant process made in a challenging year With a continued upward growth trajectory in […]

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Siemens Gamesa Strikes 465 MW Deal in Brazil for its 5.X Turbine Platform

Siemens Gamesa has signed a record order for its sector-leading Siemens Gamesa 5.X platform in a 465 MW deal with a leader in alternative asset management in Latin America, Patria Investments, to supply the São Vitor wind farm in the northeast of the country. The wind farm will be equipped with 75 Siemens Gamesa 5.8-170 […]

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Vestas Bags Wind Orders Worth 500 MW in Brazil and USA

Global wind energy major Vestas has announced that it has secured two orders for almost 500 MW of wind energy projects in Brazil and USA. In Brazil, the firm has signed a new agreement with Casa dos Ventos for the 360 MW Babilônia project, located in the cities of Morro do Chapéu and Várzea Nova, […]

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India Drops to 2nd, Chile Takes No.1 on Climatescope Emerging Markets Ranking

India dropped back down to 2nd position, as Chile regained the top spot back in the latest Climatescope survey ranking by BNEF India, after topping BNEF’s Climatescope Emerging Markets Ranking in 2019, has dropped back down to second position in the latest Climatescope survey released by BNEF. Chile, which was ranked 2nd in last year’s […]

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Vestas Wins 534 MW Order in Brazil to Extend Casa dos Ventos’ Wind Park

With reference to company announcement no. 43/2020 of 1 December 2020, Casa dos Ventos, one of the pioneers and largest investors in the development of wind projects in Brazil, has placed a 534 MW order for the second stage of the of the Rio do Vento complex, located in the state of Rio Grande do […]

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Canadian Solar Signs a Total of 862 MW in Solar PPA in Brazil

Canadian Solar has announced that it recently signed a PPA and awarded 2 projects for a total of 862 MWp in solar power projects in Brazil. Canadian Solar, one of the world’s largest solar power companies, announced that it recently signed a power purchase agreement (PPA) with BTG Pactual, and that it was awarded two projects […]

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