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State Grid invests in Brazil

State Grid Corp of China will invest 140 billion reais ($38 billion) in Brazil over the next five years, including investments in transmission and generation, an executive said on Wednesday.

Investment in the transmission segment will total more than 90 billion reais, Qu Yang, vice president of State Grid’s Brazilian unit, said at a conference in Sao Paulo.

Qu said the company had evaluated the potential for solar and wind power in Brazil, including in the northeastern states of Bahia and Rio Grande do Norte, and in the south of the country.

He said it could use ultra-high voltage transmission technology, which sends huge amount of power over long distances with low losses, to connect remote areas that can generate large amounts of wind and solar to population centers.

Totwoo offers smart jewelry

China’s innovative smart jewelry brand Totwoo launched its first plug-and-play jewelry technology maker kit in the US on Wednesday.

The Totwoo Love Kit was jointly launched with US fashion technology company 360Fashion Network at the SAP NextGen Space in New York City on Wednesday.

The kit will be sold online in the US by Queen of RAW, an online resource where designers can find innovative materials.