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Brazil
16 May 2021
EDP Portugal Profit Rises 23% on Sale of Hydro Plants
EDP Energias de Portugal, that has as main shareholder China Three Gorges (CTG), saw first quarter profit rise 23%, owing to the sale of Hydro Plants in Portugal, while profits at its renewables subsidiary (EDPR) fell 39%.
16 May 2021
China Calls for “Healthier Climate” in Brazil Relations
China's ambassador to Brazil, Yang Wanming, is calling for a "healthier climate" in bilateral relations, days after the Brazilian president made remarks widely seen as offensive to the Asian nation.
16 May 2021
Brazil Joining South America-Asia Fiber-Optic Cable Project
Brazil is joining the "Humboldt" fiber-optic cable project, to lay the first subsea cable connecting South America with Oceania and Asia.
12 May 2021
Keppel Offshore & Marine to build in China and Singapore Large FPSO for Brazil’s Petrobras
Singapore’s Keppel Offshore & Marine (Keppel O&M) will build one of the world’s largest floating production storage and offloading (FPSO) vessels for Brazil’s Petrobras, a contract worth USD 2.3 billion.
10 May 2021
Brazil Soybean Exports at Record High Driven by China
Brazil soybean exports jumped to a record high in April, owing to growing demand from the Chinese market.
10 May 2021
Brazil to Draft New Bilateral Cooperation Plan With China
Brazil will draft a new bilateral cooperation plan with China to present at this year´s Sino-Brazilian High-Level Commission for Consultation and Cooperation (Cosban).
04 May 2021
EDP Switching from Hydro to Solar Power Capacity in Brazil
EDP Renewables (EDPR) , whose parent company EDP Energias de Portugal has as main shareholder China Three Gorges (CTG), is investing 10 billion reais (more than EUR 1.5 billion) in increasing its power generation capacity in Brazil, focusing on solar.
04 May 2021
After Air China, China Southern Airlines Suspends Brazil Flights
China Southern Airlines has announced a suspension of flights to Brazil, owing to the pandemic in the South American country, following a similar move by Air China.
04 May 2021
USD 1Bi Solar Energy Complex in Brazil to be Built by China’s CDIL and CMEC
China Development Integration Ltd (CDIL) and China Machinery Engineering Corp (CMEC) will finance and build a new 1,100 MW solar energy complex in Brazil.
30 April 2021
Brazilian Cotton Industry Sets Sights on Asian Markets
The Brazilian Association of Cotton Producers (Abrapa) signed an agreement with China Cotton Association (CCA), a step to strengthen relations with the Asian markets.
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