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Mozambique
30 October 2020

Mozambique´s Economic Structure to be ‘Transformed’ With USD 96 Billion Gas Income – EIU

Mozambique is set to earn USD 96 Billion in revenue over the life-cycle of its Liquefied Natural Gas (LNG) projects, which could transform the structure of the economy, if "managed effectively", according to the Economist Intelligence Unit.
Brazil
27 October 2020

China’s MingYang Smart Energy to Launch Pilot Offshore Wind Project in Brazil

China’s MingYang Smart Energy has signed a Memorandum of Understanding (MoU) with Pecém Industrial Complex (CIPP), in the Brazilian state of Ceará, to develop a pilot offshore wind project.
China
30 September 2020

China Machinery Engineering Corporation Ready for Possible GE Exit From Mozambique Energy Project

China Machinery Engineering Corporation (CMEC) is prepared for a possible exit by GE from a joint 300MW coal-fired power project and coal mine in Mozambique´s Tete province, promoter Ncondezi Energy has said.
Brazil
11 September 2020

Mingyang Smart Energy to Build Offshore Wind Farm in Ceará, Brazil

Chinese renewable energy company Mingyang Smart Energy will build an Offshore Wind Farm in the Brazilian state of Ceará, under an agreement with the local Government.
Brazil
08 September 2020

China’s State Power Investment Corporation Adds Power Plants in Brazil

China's State Power Investment Corporation is reportedly in talks to acquire two more electric plants in Brazil, while also considering a bid for two coal-fired thermal plants owned by French group Engie SA.
Portugal
27 August 2020

South Korea´s Hanwha Takes Half of Lots in Solar Energy Auction in Portugal

The second solar energy auction in Portugal ended with Hanwha Q Cells, from South Korea, winning half of the lots, beating strong competition from European companies, the Government announced on Wednesday.
China
13 August 2020

China Three Gorges Increases Stake in Portugal´s EDP

China Three Gorges (CTG) increased to 21,55% its stake in EDP, Portugal´s leading energy company, where it is already the largest shareholder. 
China
06 August 2020

Ncondezi Energy Moves Ahead With Coal Project in Mozambique With China´s CMEC

Ncondezi Energy Limited has submitted to Mozambique´s electricity utility, EDM, the Transmission Integration Study for its Ncondezi 300MW coal-fired power project and coal mine in Tete province, in which it partners with China Machinery Engineering Corporation (CMEC).
Portugal
30 July 2020

EUR 1.5 Bi Hydrogen Power Project Planned in Portugal

EDP, Galp and REN, Portugal´s major energy companies, are moving ahead in a European consortium to invest EUR 1.5 Billion in an hydrogen power project in the country´s industrial cluster of Sines.
Mozambique
27 July 2020

Mozambique Secures Future as a “Globally Significant Energy Supplier” – EIU

The financing of about USD 15.8 bn for the Area 1 liquefied natural gas (LNG) project in Mozambique secures the country´s future as a globally significant energy supplier, according to the Economist Intelligence Unit (EIU).
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