Omega Geração to Acquire 50% Stake in Pirapora Solar Complex in Brazil

Brazilian company, Omega Geração, has signed a binding agreement to acquire 50 percent of Pirapora Complex, located in the state of Minas Gerais. EDF Renewables in Brazil will maintain a 30 percent stake and Canadian Solar, 20 percent. Pirapora is currently the largest photovoltaic solar site in operation in Brazil with an installed capacity of 321 MW. The 50 percent stake was valued at BRL $ 1.1 billion ($283.6 million) and may vary depending on certain conditions and final disbursements of the financing contracted by the project companies.

Omega Geração to Acquire 50% Stake in Pirapora Solar Complex in Brazil

Brazilian company, Omega Geração, has signed a binding agreement to acquire 50 percent of Pirapora Complex, located in the state of Minas Gerais. EDF Renewables in Brazil will maintain a 30 percent stake and Canadian Solar, 20 percent. Pirapora is currently the largest photovoltaic solar site in operation in Brazil with an installed capacity of 321 MW. The 50 percent stake was valued at BRL $ 1.1 billion ($283.6 million) and may vary depending on certain conditions and final disbursements of the financing contracted by the project companies.

Conservationists Submit Letter to Irish Government Asking for Closure of Peat Plants

An open letter by 33 conservation and environmental justice organizations in the US has been sent to the Irish government, the Electricity Supply Board, and Bord na Móna, (an Irish company operating six business units: Powergen, Biomass, Resource Recovery, Peat, Horticulture, and Fuels) opposing large-scale biomass burning in Ireland’s three peat power stations citing a serious threat to southern US forests.

Dulas Delivers 250 kW Hydro Scheme

UK company, Dulas, has completed a 250kW hydro-electric scheme at Welsh Water’s Llys y Frân reservoir. The scheme, located in a Pembrokeshire country park, controls the flow release to the river Syfynwy to support abstraction at a pumping station located some 15km downstream. Commissioned in September 2017, the scheme is already approaching 1 million kWh of generated electricity, and will power a planned visitors center, activity hub and boathouse, as well as exporting energy to the National Grid.

Interview with Antonio Delgado Rigal, PhD in Artificial Intelligence, Founding Partner and Director General of AleaSoft

In Italian, in Spanish, in German, in French, in English. AleaSoft has a website that says a lot in many languages. Because this Spanish company that was born in the UPC (Polytechnic University of Catalonia) offers a product –forecasting in the energy sector– that is demanded everywhere. AleaSoft is a company that has married statistics with Artificial Intelligence to forecast demand; forecast the production of renewable energies; and forecast the prices in the electricity markets (all of them at the short, medium and long-term). Forecasts that, according to their client portfolio, are accurate: "At present –says its Director General, Antonio Delgado Rigal– 85% of the electricity traded in the Spanish electricity market uses AleaSoft forecasts as reference".