Monthly Archives: July 2016

Companies will invest 5,000 million Dollars in solar power generation in Mexico

15/07/2016 source “America Economia” Several construction companies and operators of photovoltaic solar power plant will invest 5,000 million Dollars in the country over the next five years, a measure to expand the generation capacity of up to 4,000 megawatts. The information was released by Héctor Olea, president of the Mexican Photovoltaic Solar Energy Association (Asolmex),…

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Sacyr will build a highway in Italy by 2,800 million Euros

14/07/2016 source “Expansión” Sacyr was awarded the contract for construction of the highway between the Italian cities of Rome and Latina, a project which involves an investment of approximately 2,800 million Euros. The project, which consists of the construction of the highway Rome-Latina, of 186 kilometers designed to complete the great ring road of Lazio…

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Exim Bank of India lends 200 million Dollars to Senegal

14/07/2016 source “Jeune Afrique” The Indian Export-Import Bank, the Indian bank for import and export, signed in early July a grant of credit of 200 million Dollars to Senegal. According to a statement issued on 8 July, this funding will allow the construction of a 225 KV electrical transmission line between the cities of Tambacounda,…

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Angola consolidates its position as the main oil producer in Africa

14/07/2016 source “Angop” Angola consolidates its leading position oil producer in Africa, overtaking Nigeria in the second quarter of 2016, according to the data on the production of oil released by the Organization of Petroleum Exporting Countries (OPEC) last Tuesday. The data released by OPEC in its latest monthly report about the oil market indicate…

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The impact of “Brexit” in Latin American economies will be minimal

13/07/2016 source “Cesla” The direct impact of “Brexit” – the decision of the United Kingdom to leave the EU – over the economies of Latin America will likely be minimal due to limited trade links between Britain and Europe and the South American region, said last Monday the rating agency Moody’s in a report. The…

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Construction of new port and railway line in Mozambique will start in 2017

11/07/2016 source “MacauHub” The construction of the railway line between Moatize and the region of Sopinho and the deep water port of Macuse will start at the first quarter of 2017, assured the president of Zambezia Development Corridor (Codiza). The port of Macuse and the railroad line of more than 500 kilometers are considered strategic…

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Qatar Petroleum joins ExxonMobil for purchases in Mozambique

08/07/2016 source “MacauHub” The Petroleum business groups ExxonMobil and Qatar Petroleum have decided to join together to evaluate potential acquisitions of energy assets in Mozambique, where were discovered natural gas deposits worldwide. The news was released by the financial news agency Bloomberg which, citing sources close to the process, said that the two oil groups…

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Solar energy is becoming the main source of electricity in the U.S.A.

06/07/2016 source “America Economia” Solar power walks for the first time to be the source that delivers more electricity to the grid of the United States this year. According to industry members and some independent reports, this feat was achieved more for economic reasons than by green incentives, but the truth is that the cost…

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Senegal: AFD lends 40 million Euros for the electricity interconnection

05/07/2016 source “Jeune Afrique” The French Development Agency (AFD) signed on the 1st of July in Dakar with the Government of Senegal an agreement to borrow 40 million Euros (26,238,000 million CFA francs) to complete the financing of the project of electrical interconnection of the Organization for Development of the river Gambia (OMVG). A remarkable…

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Ferrovial will remodel the airport of Denver

04/07/2016 source “Expansión” The contract to refurbish the Denver International Airport, assessed between 700 and 950 million Dollars (between 629 and 850 million Euros), was awarded to the Spanish construction company Ferrovial. The Denver airport is the biggest in the United States regarding its total area level and the fifth most transited in the country.…

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ACS will build two photovoltaic plants in Japan

04/07/2016 source “Expansión” The Spanish group ACS has signed, through its subsidiary Maetel, two new “turnkey” contracts to build two photovoltaic stations in Hayato and Hokota, Japan. These two stations are property of customers for which Maetel had already worked in the country. In a statement, the ACS manifests that Maetel became “one of the…

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