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