On the morning of 31st, Beijing time, Reuters said that a senior executive of China State Grid Corporation said on Wednesday that the company plans to invest at least R$ 140 billion (about 38 billion U.S. dollars) in Brazil over the next five years, including electricity and electricity. Facilities and investments in other areas.
Qu Yang, vice president of the State Grid Brazil branch, said at a seminar in São Paulo, Brazil, that investment in the transmission sector alone is expected to exceed R$90 billion.
He said the company also evaluated Brazil's potential to develop solar and wind energy, including in northern Bahia and Rio Grande do Sul, as well as in the south of the country.
Qu Yang said that ultra-high-voltage transmission technology, which can transport large amounts of electricity over long distances with low losses, can be used to connect remote areas with large amounts of wind and solar energy to population centers in Rio de Janeiro, São Paulo and other parts of the Americas.
He said: "I have talked with other large power generation companies. They are worried about the rise of wind power because they will generate more electricity than they need. But we can install a transmission line that can send this power to where it is needed, even They can be delivered to the United States."
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