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🔌What State Grid’s new power line means for Brazil’s energy transition The most recent chapter on Chinese investment in the Brazilian electricity sector was written in December, with state-owned utility giant State Grid placing a successful bid in the largest power transmission auction ever held in Brazil. The company secured the largest of the three contracts on offer, and plans to invest BRL 18 billion (USD 3.6 billion) to build 1,513 kilometers of transmission lines and two substations between the state of Maranhão, in Brazil’s Northeast, and the central state of Goiás. The main aim of the project is to guarantee the flow of renewable energy generation from Brazil’s Northeast region, which is experiencing a boom in wind and solar power plants. 🔗Read more in our full article by Paulo Motoryn here 👇 https://lnkd.in/diuP9zep #China #Energy #EarthWeek #Investments

State Grid power projects in Brazil have climate risks

State Grid power projects in Brazil have climate risks

https://brazilian.report

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