Bento Albuquerque, the minister of mines and energy, said that 56% of the forecast expansion of Brazilian electricity generation capacity by 2026 will take place in the Northeast region. According to him, investments should reach around R$26 billion ($4.9 bn).
Source: 6 Minutos
Day: September 18, 2020
Solar photovoltaic reaches five thousand cities in Brazil
Brazil has reached the mark of five thousand municipalities with solar photovoltaic energy installed, according to data from the Brazilian Association of Solar Photovoltaic Energy. According to the entity’s mapping, the country currently has 3.5 GW installed and 294,000 photovoltaic systems connected to the grid, which represent more than R$ 17 billion ($3.2 bn) in accumulated investments since 2012.
Source: Canal Energia
Brazil registers opening of 782,664 companies in the 2nd quarter
Although the pandemic affects economic activity throughout the country, Brazil recorded the net opening of 782,664 companies in the second four months of 2020, according to data released by the Ministry of Economy. The Business Map shows that 1.114 million new firms were opened from May to August 2020, an increase of 6.0% over the first four months of the year and a rise of 2.0% over the same period last year.
Source: Isto É
Petrobras expands LNG terminal capacity by 50%
Petrobras has successfully completed tests that will allow a 50% expansion in the capacity of its liquefied natural gas (LNG) re-gasification terminal in Rio de Janeiro to 30 million cubic metres per day. The state company said it is in the process of obtaining licenses and government authorisation to expand the terminal’s capacity.
Source: G1
Brazil and Paraguay to set up logistics centres for border trade
Paraguay and Brazil signed a document to make trade logistics centres viable, in order to reactivate trade activity on their borders, which had been paralysed for six months after Asunción decreed the closure of customs to combat the spread of the coronavirus. The logistical centres will be located in areas near the borders. Residents on both sides will be able to shop in the neighbouring cities.
Source: UOL Economia
