News International Sugar Journal

Brazil – Cogen units drive revenues [Registered]

Selling surplus cogenerated power to national grid current has been the most profitable arm of the sugar companies in Brazil. While the combination of drought and persistent low sugar prices in the world market has hit the industry hard, big companies – Cosan, Biosev SA and Sao Marthinho group have reported significant jump in revenues from cogenerated power, as the country’s hydroelectric power capacity has been hit by the drought, boosting prices on the spot energy market. For Biosev, while in the April-June quarter revenues from sugar fell 19% to 408 million reais, and that from ethanol fell 23% to…

Login or sign up

Create an account

Lost your password?