Energy generated from waste grew in 2020

The generation of energy by biogas power plants from urban waste grew by 7.7% in 2020. reaching 110.2 MW average produced, according to CCEE. The process, which is carried out from the gas generated by the decomposition of organic matter in landfills, has advanced 162% in five years, which registers 18 plants in Brazil, six of them in Sao Paulo, where is the highest concentration.

Source: Folha

Photovoltaic solar energy exceeds 8 GW and brings $7.15 bn of investments to Brazil

Brazil has surpassed the historic mark of 8 gigawatts (GW) of operational power from the photovoltaic solar source, according to a survey by the Brazilian Photovoltaic Solar Energy Association (Absolar). The entity highlights that since 2012, the source has brought more than R$ 40 billion ($7.15 bn) in investments to the country and generated more than 240,000 accumulated jobs.

Source: UOL Economia

Loggi receives $205 mm funding and will open 7 warehouses in Brazil by 2021

Parcel delivery company Loggi has announced a new funding round of R$1.15 bn ($205 mm) to expand its area of operation and reduce delivery times, with companies in the sector racing to make a mark in a market that has exploded in pandemic. The round was led by CapSur Capital and also involved manager Luis Stuhlberger’s Verde fund; as well as existing investors such as Monashees, Softbank, GGV, Microsoft and Sunley House, Loggi said.

Source: 6 Minutos

Mercado Livre to invest $1.8 bn in Brazil in 2021

Mercado Livre announced on Monday that it will invest R$10 billion ($1.8 bn) in Brazil by 2021 to make its mark in its main market, seeing Latin America as the fastest growing e-commerce region in the world. The amount, equivalent to that invested by the company in the country over the past four years, was disclosed in the wake of explosive growth in operations in the fourth quarter and comes after announcements of rival billionaire investments, including from US-based Amazon in the country.

Source: Money Times

Exports of agribusiness products to Canada grow to $4.2 bn

The Brazil-Canada Chamber of Commerce (CCBC) highlighted that despite the economic crisis proved by the pandemic of the new coronavirus, the revenue from Brazilian exports to the Canadian market grew 25% in 2020 compared to the previous year. According to data from the Secretariat of Foreign Trade (Secex) compiled by the entity, shipments reached a total of $4.2 billion.

Source: Portal do Agronegocio

Unemployment drops to 13.9% in 4th quarter

Unemployment in Brazil had the third consecutive drop and was 13.9% in the quarter ended in December, according to data released by the Brazilian Institute of Geography and Statistics (IBGE). However, 13.9 million Brazilians were still unemployed. Already the average unemployment rate in 2020 was 13.5%, the highest in the series that began in 2012. In 2019, it was 11.9%.

Source: G1 Economia

Investment is the lowest in 53 years, and Brazil risks getting worse

Investment is all spending that increases a country’s production. The current level is the worst in 53 years. According to economists, the country needs to attract money again from the private sector, local and foreign, since the government is heavily in debt and without room in the Budget to spend on new projects. The country currently has an investment rate in relation to the GDP that lags behind the world. If the volume of investment does not grow, Brazil will have another lost decade.

Source: UOL Economia

BNDES launches program to stimulate investments in the gas sector

BNDES launched a program that contemplates several financial solutions to stimulate investments in natural gas and biogas. The BNDES Gas Program is very comprehensive, but the idea is that the bank is not the only financing provider. The part focused on thermoelectric generation from natural gas includes financing to greenfield projects, with a minimum amount of R$ 40 million ($7.3 mm), participation of up to 80% of BNDES in the total, limited to 100% of the bankable items.

Source: Money Times

2W Energia signs agreement with WEG for the supply of 33 wind turbines

2W Energia announced that has signed an agreement with WEG for the supply of 33 wind turbines for the Anemus Wind Power Complex, located in the municipalities of Currais Novos and São Vicente (RN). According to the document, the model chosen was the AGW 147/4.2 MW, which have a nominal power of 4.2 MW each, and the rotors will be 125 meters above the ground. The contract includes the operation and maintenance of the wind turbines, with the elite scope, for a period of 20 years.

Source: Money Times