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Brazil
21 March 2023

EDP Brasil to invest USD 5.7 billion in next five years
EDP Brasil, whose parent company EDP has China Three Gorges as its largest shareholder, will invest 30 billion reais (USD 5.7 billion) in the South American country over the next five years, in renewable generation and networks.
Mozambique
21 March 2023

Exxon Mobil and CNPC considering resuming LNG project in Mozambique
Exxon Mobil Corp. is considering resuming its liquefied natural gas project in Mozambique, where it partners with China´s CNPC and ENI. 
China
08 March 2023

Portugal´s REN reports profit increase of 15% in 2022
REN, Portugal´s energy infrastructure company whose largest shareholder is China State Grid, reported a net profit increase of 15% YoY in 2022, to EUR 111.8 million.
China
06 March 2023

Singapore’s GIC to invest EUR 1bn to acquire a stake in Portugal’s EDP Renovaveis
Singapore’s GIC has committed to investing EUR 1 billion to acquire a stake in Portugal’s EDP Renovaveis (EDPR), which is planning to raise equity to fund a EUR 21 billion expansion plan to invest in renewables.
Brazil
02 March 2023

EDP launches EUR 1 billion capital increase to gain full control of EDP Brasil
EDP wants to buy the 44% of EDP Brasil that it does not control and to finance the offer it is preparing a capital increase of EUR 1 billion, 600 million of which will come from its largest shareholders, including the biggest, China Three Gorges.
China
28 February 2023

EDP Renováveis profit rises to EUR 671 million in 2022
EDP Renováveis (EDPR), the renewables subsidiary of Portugal´s EDP whose biggest shareholder is China Three Gorges, saw profit rise slightly in 2022 to EUR 671 million (USD 709.4 million). 
Brazil
28 February 2023

Chinese and Brazilian manufacturers plan to collaborate on solar energy
SEMP TCL, a Sino-Brazilian electronics joint venture formed in 2016, is looking to diversify into the photovoltaic sector.
Angola
24 February 2023

Angola among the hardest hit by China´s glut for discounted Russian oil
Angola is among the China´s oil suppliers in Africa and South America hardest by Beijing´s switch to discounted Russian oil, according to data and analytics firm Kpler.
Brazil
14 February 2023

EDP Renewables opens in Brazil its largest wind power complex in the world
EDPR, whose parent company EDP has China Three Gorges as its largest shareholder, has opened its largest renewable complex in the world in Brazil.
Angola
10 February 2023

New European battery plant for EVs lead Belt and Road investment to highest level since 2019
China’s investment in the countries along the Belt and Road rose to the highest since 2019, with much of that increase due to a new battery plant for electric vehicles, according to a report from Fudan University in Shanghai.
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