There has been quite a bit of activity in Brazil during the last few months of 2009 and it looks like it will continue. Bunge Limited announced today that it will become the 100 percent owner of Usina Moema Participacoes S.A.

Moema Par is a holding company that owns one sugarcane mill and has ownership in five others. Together the six mills, known as the Moema Group, have the capacity to crush 15.4 metric tons. This agreement, which is structured as a share exchange worth approximately $896 million, gives Bunge 60 percent effective share of the total capacity. Leer más »

In past days the envelopes with the technical offer of the Official Plan of Renewable Energies (GENREN) bid were opened. The proposing companies are now waiting for the economic offer envelopes.

he Argentine government announced the results of the 1,015 megawatt (MW) renewable energies tender proposed last May. The total offers reached 1,461 MW, a 46% oversubscription. The offers were broken down by technology: 1,203 for wind power; 155.4 MW from biofuels; 54.1 MW from biomass; 14 MW from biogas; 22.5 MW from photovoltaic solar energy; and 12.7 MW from small hydro projects. Leer más »

Energy from the Sahara plants is expected to supply Europe by 2015.

A sustainable energy initiative that will start with a huge solar project in the Sahara desert has been announced by a consortium of 12 European businesses.

The Desertec Industrial Initiative aims to supply Europe with 15% of its energy needs by 2050.

Companies who signed up to the $400bn (£240bn) venture include Deutsche Bank, Siemens and the energy provider E.On. Leer más »