(AOF) – Vergnet do Brasil has just announced the signing of a new contract with Elis Energia, a major developer well established in the country that operates in the energy infrastructure segment, engaged in the design, implementation, investment and operation of photovoltaic power plants and specialist in projects on the decentralized network (equivalent to low voltage or the Enedis network in France).
In concrete terms, the EPC-type partnership, i.e. with responsibility for the supply, construction and commissioning of the installation, concerns a photovoltaic plant with a total power of 4 MWp for an amount of 2 million in the city of Bom Jesus in the state of Piauí, located in the northeast region of Brazil.
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Greater disparities between utilities
The World Energy Markets Observatory highlights a wide disparity in retail energy prices in Europe. Suffering from both the effect of the rise in wholesale prices and high volatility in selling prices to end consumers, the profitability of players is under pressure. While the sixteen largest European energy suppliers benefited last year from a significant increase in their turnover (+47% compared to 2020), their gross operating margin (Ebitda margin) , deteriorated from 20.2% to 19.6%. Those who had to resort to purchasing electricity on the market had to pay these additional volumes much more expensive than the level of sale prices already set and therefore saw their margins deteriorate.
Faced with the reduced availability of its nuclear fleet, EDF, renationalised, should post an annual loss of 29 billion euros in 2022. Engie is doing better because it succeeded in reducing its imports of Russian gas in the first half while benefiting from high electricity prices and its increased exposure to renewable sources.