Renewable energy producers downsize operations in Brazil due to operational restrictions

March 31 (Reuters) - Brazil's renewable energy sector is facing severe headwinds, with major ​power generators scaling back operations and cutting jobs due to generation restrictions that the national grid ‌operator imposed on wind and solar plants in 2023, companies told Reuters. Atlas Renewable Energy, owned by Global Infrastructure Partners (GIP) under BlackRock, Newave Energia,... Continue Reading →

Iberdrola Awards $4B Contracts for UK Subsea Power Link

March 30 (OE) Iberdrola has awarded contracts to Siemens Energy and Prysmian, worth more than $4 billion (€3.5 billion), for the development of the Eastern Green Link 4 subsea electricity interconnector between Scotland and England. Under the agreements, Siemens Energy will supply two high-voltage direct current converter stations, while Prysmian will provide more than 640... Continue Reading →

Equinor Strengthens Energy Portfolio in Brazil

March 24 (TN) Equinor has acquired the 230 MW Esquina do Vento onshore wind farm complex from Vestas, which is ready for construction. With this investment, Equinor expands its broad energy offering in Brazil, further strengthening its portfolio for long-term growth in one of the company's key markets. The complex, which will have 51 turbines,... Continue Reading →

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