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Daily (04.06.2021): French and German spot above 71 EUR/MWh on Thursday as renewable output wanes

Oil prices steadied as the slow roll-out of vaccinations and high infections rate in countries like Brazil and India counterbalanced demand prospects and US economic data. As such, Brent crude and WTI crude settled at $71.31 and at $68.81 a barrel respectively on Thursday.

read more... 04/06/2021

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Chinese duo to build 1.1-GW solar power plant in Brazil

China Development Integration Ltd (CDIL) and China Machinery Engineering Corp (HKG:1829), or CMEC, have inked a deal to finance and construct a 1,100-MW solar power complex in Brazil.

read more... 30/04/2021

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OPEC+ sticks to plan to ease crude oil output cuts from May 1

OPEC, Russia and their allies will stick to plans for a phased easing of oil production restrictions from May to July amid upbeat forecasts for a recovery in global demand and despite surging coronavirus cases in India, Brazil and Japan.

read more... 28/04/2021

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Statkraft to add 500 MW of wind power in Brazil - report

Norwegian state-owned energy company Statkraft AS plans to invest roughly BRL 2 billion (USD 482.6m/EUR 432.7m) in the development of nearly 500 MW of wind projects in Brazil.

read more... 22/10/2019

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Statkraft scores 660MW Brazil double

Norwegian energy company Statkraft has acquired two wind farms at an advanced stage of development in Brazil with a combined capacity of about 660MW.

read more... 11/10/2019

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