G8 developing 65 MW floating solar at hydro project in West Africa

Singapore-based G8 Subsea has been awarded an agreement by a power authority in West Africa to install a full turnkey 65 MW system floating solar system at a hydro project, according to a press release.

The name of the hydro project and the name of the company for which the solar project is being developed were not disclosed. Other news sources have reported it is the Bui hydro facility owned by Bui Power Authority Ghana. The plant has a capacity of 400 MW and is located on the Black Volta River. Continue reading “G8 developing 65 MW floating solar at hydro project in West Africa”

Brazil Forecasts Blockbuster Year for Global Investment Attraction, Trade in 2022

Closing Out a Successful and Impactful 2021, Brazil Looks Forward to Increasing Foreign Direct Investment (FDI) This Year Across Real Estate, Infrastructure, Stone and Startup Sectors, Among Others.

BRASILIA, Brazil, Jan. 26, 2022 /PRNewswire/ — On the heels of Brazil’s strong investment performance in 2021, Apex-Brasil has projected an even more significant increase in 2022 due to the country’s robust foreign investment attraction and trade promotion efforts. In the coming year, foreign investors will have the opportunity to bid in 139 Brazilian auctions – a 144% increase from the 57 public auctions held in 2021 – in sectors such as transportation, mining, energy and more. According to the projections of the federal government and Apex-Brasil, Brazil’s 2022 portfolio of auctions and concessions will be the largest from any one country in the world, generating an estimated USD $74.4 billion. Continue reading “Brazil Forecasts Blockbuster Year for Global Investment Attraction, Trade in 2022”

SJVN upscales power generation capacity target to 50,000 MW by 2040

State-run power producer SJVN Ltd on Wednesday announced that it has doubled its target of installed electricity generation capacity to 50,000 MW by 2040. Nand Lal Sharma, the Chairman & Managing Director of SJVN, in a statement said that SJVN has upgraded its Shared Vision to 5,000MW by 2023, 25,000 MW by 2030 & 50,000 MW by 2040.

According to the statement this revision has resulted from addition of multiple projects in its portfolio and an already established repute of successfully operating & implementing Mega Hydro Projects in India & abroad.

After hydro, the company has successfully added varied business verticals and forayed into thermal, solar, wind power generation, power transmission and power trading.

Continue reading “SJVN upscales power generation capacity target to 50,000 MW by 2040”