To Expand in the Electric Sector in Brazil, Votorantim Energia and CPPIB Plan to Invest in Solar Energy and Transmission Asset Acquisitions

Written by Roberta Souza

Published on 15/09/2020 at 10:47

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Votorantim Energia and Canadian Company CPPIB Explore Opportunities in Solar Power Generation and Do Not Rule Out Investing in Transmission Assets

Votorantim Energia, one of the leading industrial investment groups in the Brazilian electric sector, in a joint venture with the Canadian company CPPIB, aims to expand in the national electric sector, evaluating opportunities in solar generation and does not rule out acquisitions of transmission assets.

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Together, the companies jointly control Cesp, which has hydropower plants in São Paulo and also operates wind farms in the states of Piauí and Pernambuco, with a capacity of about 560 MW and is in the initial phase of expansion, expected to reach around 1 GW, which will be operational in 2022.

The president of VTRM Energia, Fabio Zanfelice, said that “Now the next step, within this portfolio, we desire it to be solar.”

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To Expand in the Electric Sector in Brazil, Votorantim Energia and CPPIB Plan to Invest in Solar Energy and Transmission Asset Acquisitions

Votorantim Energia and Canadian Company CPPIB Explore Opportunities in Solar Power Generation and Do Not Rule Out Investing in Transmission Assets

See Other News:

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Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

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China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

Greek island offers free housing for volunteers, but there’s a condition: you need to take care of rescued cats.

China has deployed snake-shaped robots to slide along power lines, where they have already inspected over 130 kilometers of cables using cameras and sensors to detect damaged wires, worn-out parts, and overheating.

A US startup wants to build a 10 km space cannon to launch multi-ton payloads into orbit at Mach 23, replacing part of the rockets with a colossal structure that looks like a science fiction weapon.

Extreme droughts and floods have doubled on the planet since 1901, according to a study of 1,300 river basins that reveals increasing pressure on agriculture, rivers, soils, ecosystems, and water supply.

Turkey begins aligning 5,000 giant concrete blocks of 21 tons in the Black Sea to erect a wall against giant waves, after the sea invaded the port of Faroz, destroyed nets, and sank 5 fishing boats.

Fiat’s forgotten family SUV offers 7 seats, a 2.4 engine with 172 hp, automatic transmission, trunk space of up to 580 liters, and the presence of a large utility vehicle for a price below many new compacts: meet the Fiat Freemont Precision 2015.

“Bee drone”: Researchers develop an autonomous drone that does not require GPS and can return home after flights of more than 600 meters — meet the Bee-Nav

To Expand in the Electric Sector in Brazil, Votorantim Energia and CPPIB Plan to Invest in Solar Energy and Transmission Asset Acquisitions

Votorantim Energia and Canadian Company CPPIB Explore Opportunities in Solar Power Generation and Do Not Rule Out Investing in Transmission Assets

See Other News:

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

Greek island offers free housing for volunteers, but there’s a condition: you need to take care of rescued cats.

China has deployed snake-shaped robots to slide along power lines, where they have already inspected over 130 kilometers of cables using cameras and sensors to detect damaged wires, worn-out parts, and overheating.

Illiterate or semi-literate grandmothers were trained to repair solar systems, open rural workshops, and light up homes that still depended on kerosene.

The world has bet on green hydrogen as the fuel of the future, but now faces the side effect: producing 1 kilogram requires about 9 liters of ultrapure water, and the largest projects on the planet are precisely in the driest regions of the Earth, where water is already scarce for people.

Africa has about 500,000 cell towers and most still burn diesel to operate, while companies rush to cover antennas with solar energy and avoid signal blackouts.

Farmers swapped diesel for solar panels in Pakistan, powered irrigation pumps almost cost-free, expanded rice fields, and now groundwater has become a red alert in the countryside.

Migrant workers left the world’s largest renewable energy park in India after extreme heat, 12-hour shifts, delayed wages, and poor accommodations at a site that still promises to supply 18 million homes.

A US startup wants to build a 10 km space cannon to launch multi-ton payloads into orbit at Mach 23, replacing part of the rockets with a colossal structure that looks like a science fiction weapon.

Extreme droughts and floods have doubled on the planet since 1901, according to a study of 1,300 river basins that reveals increasing pressure on agriculture, rivers, soils, ecosystems, and water supply.

Turkey begins aligning 5,000 giant concrete blocks of 21 tons in the Black Sea to erect a wall against giant waves, after the sea invaded the port of Faroz, destroyed nets, and sank 5 fishing boats.

Fiat’s forgotten family SUV offers 7 seats, a 2.4 engine with 172 hp, automatic transmission, trunk space of up to 580 liters, and the presence of a large utility vehicle for a price below many new compacts: meet the Fiat Freemont Precision 2015.

“Bee drone”: Researchers develop an autonomous drone that does not require GPS and can return home after flights of more than 600 meters — meet the Bee-Nav