Brazil becomes 16th in solar energy ranking

Brazil joined the list of the 20 countries with the most installed capacity of the source in operation and reached the 16th position. Brazil had at the end of 2019 an accumulated total of 4,533 megawatts (MW) of installed solar energy. The installed park is the result of investments of R$24.1 bn ($4.5 bn) until 2019, having generated more than 134 thousand jobs since 2012.

Source: Agencia Estado

US protectionist measures impact Brazilian exports by $1.6 bn per year

The trade protectionist measures taken by the U.S. government have an impact of $1.6 bn on Brazilian exports per year, according to CNI. The imposition of quotas for purchases of Brazilian steel and the taxation of 10% of the country’s aluminium purchases had an impact of $1 bn per year, in the case of steel, and $200 mm for aluminium sales.

Source: Carta Capital