Tag Archives: energy

Spanish turbine maker Gamesa sees Brazil as a key source of growth

After opening a subsidiary in Brazil earlier this year, Gamesa Corporacion Tecnologica is planning to build a new factory in the country that will supply the world’s fastest-growing market for wind energy. According to Bloomberg, the company aims to make locally a significant number of the 129 turbines it will provide to Iberdrola SA for nine BrazilianContinue reading “Spanish turbine maker Gamesa sees Brazil as a key source of growth”

Electricity consumption in May: Strong Growth

Electricity consumption in May went up 10.5% YoY, according to the Federal energy research bureau (EPE). Industrial segment was the main responsable for this figures. Industrial consumption reached +15.4% YoY. It means that   industrial activity is growing fast.g relevant growth. “After the financial crisis, we highlight the mining and steel sector, with consumption growing 50.7%Continue reading “Electricity consumption in May: Strong Growth”

Energy integration in South America, Cemig is ready

Cemig is ready to grow in South America in coming years, especially,  in Chile, Peru and Colombia.  The company intends to focus in distribution and transmission of electric energy. “This is a new stage. We believe in the long run there will be an energy integration in South America. This will require large investments and weContinue reading “Energy integration in South America, Cemig is ready”

What can investors take away from last week’s BRIC Summit?

Size matters. Brazil, Russia, India and China are the world’s four largest emerging economies, as together they represent 40 percent of the world’s population and 20% of the world’s GDP. “As their economies grow, so does their political clout.”  If BRIC countries aim to be the voice of the developing world, it is inevitable thatContinue reading “What can investors take away from last week’s BRIC Summit?”

An international Brazilian company is born: Tereos International

An energy and food giant is emerging in Brazil. It is an interesting strategic move of the French company Tereos. The deal represents the merger of its subsidiaries in Brazil, France and Indian Ocean. The new company will be traded in Sao Paulo and Paris. Total assets surpass 1 billion euros.