Statkraft Peru has acquired the shares of two companies; GR Vale SAC, owner of the LUPI solar project located in Carumas and GR Bayovar SAC, owner of the EMMA wind project in Sechura.
ABB plans to build two 1200 MW transmission systems in north and northeast Brazil which will reinforce the existing system, bringing reliability and stability to the grid.
Brazil's power crisis is having a severe impact on the country's economy, bringing downward revisions in growth forecasts. But the crisis could be good news for investors with numerous opportunities for generation and transmission capacity opening up.
Alstom has met the local content rules set out by the Brazilian development bank BNDES, becoming the third company to achieve compliance with the regulations.
The National Electric Energy Agency (Aneel) has given permission to the first three companies in the Wholesale Energy Market to begin operating. Electrobras will sell excess power from the Itaipu hydropower plant, while the Cien consortium will import power from Argentina. AES Sul will also participate. Aneel has received ten other requests to participate.
UK company National Grid has announced a joint venture with Electrobras, the Brazilian electricity utility, to develop the country`s expanding power transmission network.
