Mitsubishi Power Supplying Turbines for 1.6-GW Gas-Fired Plant in Brazil

Credit to Author: Darrell Proctor| Date: Fri, 31 May 2024 16:59:52 +0000

Mitsubishi Power will supply its gas turbine technology to a new power plant in Brazil, a 1.6-GW facility considered among the largest electricity generation projects in Latin America. The company […]

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UTE-Portocem-Thermoelectric-Power-Plant-

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EV Sales Report: Brazil Races Ahead, Bringing 1,100% BEV Growth in April

Credit to Author: Juan Diego Celemín Mojica| Date: Fri, 24 May 2024 03:51:10 +0000

Good news keeps coming from the Carioca country. When EV sales skyrocketed in late 2023, there were fears this was a temporary increase because automakers were running to bring as many cars as possible to market before the tariffs kicked in this year. This wasn’t the case, and because the … [continued]

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Groups Collaborate to Electrify Chemical Processing Plants

Credit to Author: Darrell Proctor| Date: Mon, 22 Apr 2024 16:34:24 +0000

Three major chemical processing companies announced the startup of a demonstration plant to show the viability of large-scale electrically heated steam cracking furnaces. BASF, SABIC, and Linde on April 17 […]

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The Sun Shines in South America: Colombia & Brazil Give Large Boost to Solar Deployment

Credit to Author: Juan Diego Celemín Mojica| Date: Wed, 17 Apr 2024 18:34:28 +0000

South America has a lot of sun and a lot of space, and solar energy has grown from a small player to the main driver of generation growth in several countries in the region (making their already clean grids even cleaner). Today we look at the grids of Chile, Brazil, and Colombia, all of which have already made solar a cornerstone of their generation or are working to do so in the near future.

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Bad News: Record Oil Imports into China in 2023

Credit to Author: Zachary Shahan| Date: Tue, 16 Apr 2024 23:31:19 +0000

China is well known as the world’s leading electric vehicle (EV) market. More than half of the world’s EV sales have occurred there in recent years. It is a standard of the rapid, uplifting EV revolution. In 2023, 25% of auto sales in China were sales of full electric vehicles. … [continued]

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4 Countries Could Account for Most Near-Term Petroleum Liquids Supply Growth

Credit to Author: US Energy Information Administration| Date: Thu, 21 Mar 2024 03:00:47 +0000

In 2023, the world produced an estimated 101.8 million barrels per day (b/d) of petroleum and other liquids: mostly crude oil but also lease condensate, natural gas liquids, biofuels, and other liquids from hydrocarbon sources. We expect the global petroleum and other liquids supply to increase by about 0.4 million … [continued]

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M4E Lithium Secures $7.5M to $10M Funding to Accelerate Brazilian Lithium Exploration

Credit to Author: Press Release| Date: Sun, 17 Mar 2024 22:11:59 +0000

M4E Lithium secured a $7.5M to $10M funding from industry leading Lithium Royalty Corp. (“LRC”) and the Electrification and Decarbonization fund managed by Waratah Capital Advisors (founder of LRC) The financing package includes an equity investment, a royalty purchase and an option for a strategic offtake agreement (with a buyback … [continued]

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Latin American EV Market Heats Up as Chinese Automakers Enter with Newer, Cheaper, Better Options

Credit to Author: Juan Diego Celemín Mojica| Date: Fri, 08 Mar 2024 10:01:35 +0000

A bloodbath is coming. The exact timeline we don’t know, not yet at least. But the omens are here already … [continued]

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Latin American EV Sales Report, Part 2: The Promising Middle (Mexico, Panama, Brazil, Puerto Rico)

Credit to Author: Juan Diego Celemín Mojica| Date: Sun, 11 Feb 2024 06:13:19 +0000

After the first part of our report (which, admittedly, was a bit underwhelming), we’re finally getting to the countries where … [continued]

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Brazil Oil Major Buying Renewable Energy Assets

Credit to Author: Darrell Proctor| Date: Wed, 24 Jan 2024 15:08:01 +0000

Renewable energy in Brazil will get a boost after the chief executive of Petrobras, the country’s state-run oil giant, said the company will begin buying solar power and onshore wind […]

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