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Singapore relies on fossil fuels more than any other country –...

A study by energy tariff comparison platform, Utility Bidder, has revealed which countries rely the most on fossil fuels and Singapore has come out on top.

Brazil gains 18 distributed solar projects thanks to $63m investment

VH Global Sustainable Energy Opportunities has announced a $63 million investment to fund 18 remote distributed solar generation projects in Brazil.

Boosting Brazil’s Networks

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

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.

Brazil’s toughest challenge

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.

Brazil

UK company National Grid has announced a joint venture with Electrobras, the Brazilian electricity utility, to develop the country`s expanding power transmission network.

Brazil

The new governor-elect of Minas Gerais state is disputing the legality of the 1997 sale of 33 per cent of state-owned generator Cemig to a Southern Energy-AES consortium. Sr. Itamar Franco has also pledged to prevent further sale of Cemig stock.

Brazil

Natural gas distributor Comgas is to invest $300m to $500m up to 2004 to triple its client base, increase the distribution grid and expand sales turnover. It hopes to increase its client base from 300 000 to one million.

Brazil’s clean power expansion

PennWell publishers Marla Barnes and Michael Grossman recently sat down with José da Costa Carvalho Neto, president of Eletrobras, in his office in Rio de Janeiro, Brazil, to learn more about this company and its ambitions for the future.

Brazil:

The auction of Saelpa, the energy distribution company for Paraiba state, will take place this June, although the exact date has yet to be decided. The minimum bid price for the company is likely to be R$619m ($374m). Saelpa went to the auction bloc last December but was not sold due to a lack of interest.

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