CTG Brasil invests R$ 704 million in the second phase of Jupiá and Ilha Solteira plants modernization

CTG Brasil, one of the main private electricity generators of the country, will invest R$ 704 million in the second phase of the modernization of Jupiá and Ilha Solteira plants, the two largest hydropower plants managed by the company.

The total investment in modernization is R$ 3 billion and the project should last from eight to ten years. It is the largest investment in modernization ever made in Brazilian plants, which reinforces the company’s commitment to the country in the long term.

The modernization objective is to improve the efficiency, reliability and availability of the hydropower plants, which have been operating for more than 40 years. A complete automation system will be implemented, ensuring that Ilha Solteira and Jupiá can continue with a key role in the country’s energy matrix.

“Our main objective is to improve the efficiency of our operation, ensuring the availability required by increasing the reliability of the plants with updated technical solutions,” says Evandro Vasconcelos, generation VP of CTG Brasil.

“We believe that, although efficient, most of the country’s generation assets have space to be modernized, promoting greater efficiency in the sector. As one of the largest generators in the country, CTG knows about its role in this process, working on the modernization of its main assets”, the executive concludes.

The first phase of modernization began in March 2017, with investments of R$ 300 million. In the second phase will be more eight modernized generating units (four in each plant). GE Renewable Energy, WEG and Sepco1 are the companies contracted at this stage of the project, which should be completed in 2021.

GE Renewable Energy will be responsible for the complete modernization of eight generating units and their respective Electrical and Mechanical Auxiliary Systems, including Spillways. This work will be done in partnership with the Chinese Power Construction Corporation and Harbin Electric Machinery Company Limited, which are part of the consortium that GE is a leader.

“We are delighted to contribute to the modernization of two important hydropower plants in Brazil,” says Mauro Cruz, General Manager of GE’s Hydro Solutions in Latin America. “Our solution will help CTG Brasil to increase the lifetime of their plants and optimize their efficiency,” adds Mauro Cruz.

Sepco1 will be responsible for the complete delivery of Automation systems, including the implementation of a new Generation Operations Center (COG) in Ilha Solteira. Weg will supply the Transformers Lifts to UHE Ilha Solteira.
CTG Brasil has a very careful process of hiring suppliers and partners, which follows all Compliance policies. “These companies were selected because of the high quality of services associated with adequate value”, explains Evandro Vasconcelos.

CTG Brasil wins “Deal of the Year” award

The acquisition of Duke Energy assets in Brazil by CTG Brasil was awarded the Cross-Border M&A Deal of the Year for 2017 by Latin Finance magazine. CTG Brasil acquired eight hydropower plants with a total installed capacity of 2,242 MW, located on Paranapanema River, and two small hydropower plants with a total installed capacity of 16 MW each, in Sapucaí-Mirim river, in Sao Paulo state. The value of the business was US$ 1.2 billion.

“We have become a company with assets that are benchmarks in operation, maintenance, sustainability, health and safety, adding even greater value to portfolio.” said, Li Yinsheng, CEO of CTG Brasil. The ceremony took place last night, Jan. 17 in New York.

The award was received by Liu Yujun, vice president of Business Development, who congratulated the CTG teams from Brazil and China, as well as its legal and financial advisors. “Latin Finance award recognized CTG’s capability to manage a complex and large deal in an extraordinary short time of eight months from NDA to signing. This prize reinforces CTG’s resolution in becoming an international first-tier company”, he said.

On the morning of the 17th, Liu Yujun had already participated in a panel discussion with representatives of other companies awarded by Latin Finance, which discussed economic trends, sources and financing structures in Latin America.

Latin Finance’s Deals of the Year Awards is held annually and recognizes the outstanding institutions and transactions in the capital markets of Latin America and the Caribbean. The winners are determined by Latin Finance’s editors based on an exhaustive selection process involving examination of data and in-depth feedback and discussions with market participants.

São Manoel HPP starts test operation

São Manoel HPP was connected to the National Interconnected System (SIN) on Monday night, Dec.5th, when it began the test operation of its first hydroelectric turbine, anticipating the deadline of May 2018 established in the commercialization contracts of electricity in the regulated environment (CCEAR). The work is a partnership among CTG Brasil, EDP Brasil and Furnas Centrais Elétricas.

The project, built on the Teles Pires River, in the state of Mato Grosso with Pará, operates by run-of-river, a configuration in which there is a low reservoir accumulated for energy generation. The works began in September 2014 and, until the third quarter, received investments of R$ 3.3 billion. There will be four generating units with 175 megawatts (MW) of installed capacity each, totaling 700 MW, enough energy to serve a population of about 2.5 million people.

“We continue to work with a schedule of anticipation of other three machines”, says Luiz Otavio Henriques, president of the São Manoel Energy.

It is expected for the next few weeks the Commercial Declaration of Operation (DCO) issued by the National Electric Energy Agency (Aneel), with which the plant will be able to negotiate the energy and strengthen the system. The long-term sales contracts signed when the project was auctioned need to be completed only as of May 2018 and, therefore, the volume produced until this period will be settled in the short-term market or traded in bilateral contracts.


CTG Brasil lança posicionamento de marca

A CTG Brasil, segunda maior geradora privada de energia do País, acaba de lançar seu novo posicionamento de marca. A agência MeZA foi responsável pela criação do conceito “Energia que gera Energia”, que representa o primeiro grande movimento de comunicação da empresa desde sua chegada ao Brasil em 2013.

“O novo posicionamento da CTG Brasil traduz a filosofia da empresa que valoriza a troca de experiências entre as pessoas de diversas culturas, como o principal fator que a coloca como a segunda maior geradora de energia do Brasil e com ampla perspectiva de crescimento no país” explica André Machiaverni, sócio e diretor de planejamento da MeZA.

A iniciativa conta histórias reais e coloca como protagonistas pessoas que fazem parte do dia-a-dia da empresa. “O storytelling da campanha foi desenhado para que pudéssemos apresentar a CTG Brasil a partir do olhar de pessoas que se relacionam com ela. São vários pontos de vista que convergem para contar a mesma história” comenta Marcelo Zampini, sócio e diretor criativo da MeZA.

A campanha tem um filme institucional que se desdobra em outros cinco vídeos que revelam a história da marca contada pelos protagonistas da campanha. As peças serão veiculadas nos canais digitais da CTG Brasil, como Youtube, Linkedin, Facebook e demais veículos de mídia on e offline.

“O conceito da campanha Energia que gera energia carrega a essência da CTG Brasil, seus valores e a forma como conduz suas operações. Acreditamos que energia não é apenas o nosso negócio, mas também o que nos impulsiona para continuarmos em constante crescimento. Por isso, trouxemos esse conceito para os nossos materiais”, comenta Salete da Hora, gerente de comunicação da CTG Brasil.

CTG and Itaipu sign partnership in China

China Three Gorges Corporation (CTG), represented by its executive vice president, Lin Chuxue, signed a Memorandum of Understanding with Itaipu, which was represented by its Brazilian director general, Luiz Fernando Leone Vianna, on September 2nd, in Beijing, China. The partnership aims to establish a cooperation agreement between the two companies for joint research and development activities in the fields of energy, sustainable development and promotion of hydropower as a clean and renewable energy source.

CTG and Itaipu will first elaborate a specific project to then define a work plan with goals to be achieved, timeline, methodologies and the respective responsibilities of both companies.

As part of the cooperation agreement, the companies plan joint technical seminars; sectoral technical seminar; an exchange program for young engineers between the Itaipu and Three Gorges hydropower plants; research scholarships for Chinese, Brazilian and Paraguayan researchers in projects of interest to the sector; the creation and strengthening of centres or technology parks linked to the two hydropower plants and cooperation in social responsibility and regional development projects.

Cooperation between CTG and Itaipu began even before the construction of the Three Gorges hydropower plant in China, more than 20 years ago, Chinese engineers involved in the project came to Brazil to learn from the Brazilians and the Itaipu plant.

Rio Paranapanema awarded 2017 Transparency Trophy

Rio Paranapanema Energia S.A, one of CTG Group’s companies in Brazil, is among the winners of the 21st Transparency Trophies which honor organizations with the most transparent financial statements in the Brazilian market. The award ceremony, to be held in October in São Paulo, will recognize Rio Paranapanema in the “Companies with net revenue of up to R$5 billion” category.

“It is an honor to be a recipient of the Transparency Trophy,” said Li Yisheng, CEO of CTG Brasil. “This recognition confirms the commitment of our team to the quality of our financial statements, creating value for our internal public as well as for our shareholders and investors.”

Considered the “Oscar of Brazilian Accounting”, the award was created in 1997 and is an initiative by the National Association of Executives in Finance, Administration and Accounting (ANEFAC) in partnership with the Accounting, Actuarial and Financial Research Foundation (FIPECAFI) and Serasa Experian.

Twenty-five companies were selected based on the quality and level of information contained in their financial statements and explanatory notes, the transparency of the information provided and the clarity of the Management Report and its consistency with the information disclosed.

CTG Brasil’s R&D project receives awards at CITENEL 2017

A prototype unmanned aerial vehicle (VANT or drone) for the remote monitoring of hydropower plant reservoirs created by CTG Brasil won two important awards at the IXth Congress of Technological Innovation in Electric Energy (CITENEL), which took place from August 2 to August 4 in João Pessoa (State of Paraíba).

Developed by CTG Brasil’s Research and Development (R&D) and Environment and Heritage departments, in partnership with the Federal University of Juiz de Fora (UFJF) and the Foundation for Support and Development for Teaching, Research and Extension (FADEPE), the project was elected the “Best Product on Display” and “Best Technical Work in Research and Development”.

Promoted by the National Electric Energy Agency (ANEEL), CITENEL is the biggest event for energy companies such as CTG Brasil to display their technological innovations. It was the first time that CTG Brasil participated in the event.

A major highlight of the project was the development of a product with domestic technology, making its acquisition and maintenance more economically advantageous for Brazil’s hydropower generators. The drones can facilitate the environmental and asset monitoring of the reservoirs. Among the differentiating aspects of the prototype being developed by CTG Brasil and its partners is the ability to perform landings autonomously, even on moving targets. In addition, this VANT is hybrid (with combustion and electric engines combined) that provides extensive flying time and remarkable load capacity.

“In addition to great pride, receiving this recognition the first time we participate in CITENEL is a confirmation that our R&D projects are on the right track and can benefit the country’s energy sector. As we are developing a product with national content, we will also help encourage other industries”, says Ivan Toyama, CTG Brasil’s real estate deputy manager.

With a budget of R$ 1.6 million, the project is currently being finalized. It is expected that the VANT will begin operating in monitoring activities on the edges of reservoirs from 2018.

CTG Brasil presented three other R&D projects during the event: “Cost-Benefit Evaluation of Socio-Environmental Programs in the Surrounding Areas of Hydro Power Plants”; “Controlling infestations by golden mussels via genetic silencing” and “Development of solar photovoltaic concentrators”.

CTG Brasil presents R&D projects at the IXth Congress of Technological Innovation in Electric Energy, in João Pessoa (State of Paraiba)

CTG Brasil will present four Research and Development projects at the IXth Congress of Technological Innovation in Electric Energy (CITENEL), which will take place from August 2 to August 4 in João Pessoa (State of Paraiba). Promoted by ANEEL, CITENEL is the biggest event for energy companies such as CTG Brasil to disclose their technological innovations.

This is the first time that CTG Brasil participates in the event, as a diamond sponsor. At its stand, the company, which is Brazil’s second largest private energy generator, will also present a bit of its history and investments in the country. “CITENEL is a great opportunity to share our research and development strategy, focused on technological innovation in the sector, in addition to identifying new opportunities for strategic partnerships,” said Carlos Nascimento, R&D manager at CTG Brasil.

Among the projects that the company will present at the event is the VANT – an unmanned aircraft for the remote monitoring of preservation areas surrounding hydropower plant reservoirs. There will be a demonstration of prototypes, developed in partnership with students and professors of the Federal University of Juiz de Fora.

The “Cost-Benefit Evaluation of Socio-Environmental Programs in the Surrounding Areas of Hydro Power Plants” project is an econometric analysis methodology to evaluate whether or not resources allocated to an initiative can be justified by its results and impacts in a more tangible way. This project is one of the highlights of the event and will be presented orally and published in the proceedings of the event.

The theme of CITENEL’s 2017 edition is “Innovation and Integration: Local Responses to Global Challenges”. In addition to the technical sessions, there will be panels with national and international experts, who will discuss strategic themes for innovation and competitiveness of the Brazilian electric sector.

Two other projects are included in CTG Brasil’s portfolio at CITENEL. One of them is “Controlling infestations by golden mussels via genetic silencing”, which is aimed at using synthetic biology to eradicate the golden mussel by acting on its reproductive capacity.

The fourth project is “Development of solar photovoltaic concentrators”, which has been developed in partnership with researchers from the University of Uberlândia. It is aimed at developing cutting-edge national technologies in order to make them economically viable in Brazil, so that photovoltaic plants can be added to the energy potential of hydroelectric power plants. Nascimento added: “The event is a unique moment to have exchanges on different experiences and discussions on current regulation”.

Event information:
IXth Congress of Technological Innovation in Electric Energy (CITENEL)
Date: August 2-4
Venue: João Pessoa Convention Center, in João Pessoa (PB)

CTG Brasil announces the Public Qualification result – 2nd Batch Modernization Projects of Brazilian Ilha Solteira and Jupiá HPPs

CTG Brasil held a prequalification process for companies interested in participating in the second batch of the Jupiá and Ilha Solteira Hydropower plants modernization project.

The result has just been published. Click here to access the list of the applicants per package qualified.

CTG Brasil completes one year as operator of the Ilha Solteira and Jupiá power plants

CTG Brasil celebrates in July its first year as operator of the Ilha Solteira and Jupiá hydropower plants on the Paraná River, on the border of the states of São Paulo and Mato Grosso do Sul. Regarding this period, Li Yinsheng, CEO of CTG Brasil, highlights the company’s commitment to good relations with the surrounding community through social and environmental projects and initiatives targeted at these communities.

During this first year of operations, the company, which during the transition period saw 84% of the former concessionaire’s employees accept CTG Brasil’s job offers, implemented a management model focused on the development of people and the nurturing of local talents.

Another relevant point, according to the company’s chief executive, is the plan to modernize the two power plants, which will receive investments of around R$ 3 billion. Initially, four of the 34 generating units will be modernized – two from Jupiá and two from Ilha Solteira -, with completion expected in 15 months.

CTG Brasil intends to modernize all generating units in the next 10 years, ensuring that Ilha Solteira and Jupiá maintain their leading role in the Brazilian energy matrix. “Jupiá and Ilha Solteira are landmark projects in the Brazilian energy generation market. This modernization plan reinforces our long-term commitment to the country and to the quality and reliability of our assets”, said Li Yinsheng.


In this first year, CTG Brasil filed with IBAMA its Basic Environmental Plan (PBA), which contains legal obligations foreseen in the licensing and includes all socio-environmental programs to be implemented at the plants. While awaiting approval, the company has been carrying out socio-environmental actions with the community, especially with public school students.

CTG Brasil also relaunched the Ecotime program, which brings together employees in multidisciplinary teams with the goal of promoting voluntary initiatives and environmental education for both employees and the community. Among these actions are book donations, environmental education classes, selective garbage collection, cooking oil and electronics for recycling collection.

In addition to the environmental education programs, the Jupiá and Ilha Solteira plants are committed to monitoring the resrvoir’s water quality and releasing more than 2.1 million fish fingerlings per year in its reservoirs, an action to be carried out after authorization from IBAMA. The production of these fish fingerlings will take place in the fish farm of the Salto Grande plant, located on the Paranapanema River, in partnership with Rio Paranapanema Energia, a subsidiary of the CTG Group in Brazil.

Another of CTG Brasil’s commitments is the correct destination of all the waste generated in Jupiá and Ilha Solteira to specialized companies, for treatment. Recyclable waste is sent to cooperatives and recyclers.

The company has also worked intensively with the users of the banks of the reservoirs, doing surveys in the field, promoting respect for limits and regularizing the uses and occupations of their areas, with a special focus on the environmental preservation of the permanent preservation areas (APP).