São Paulo Trade Balance exceeds $8 bn

From January to August 2020, São Paulo’s agribusiness showed a new increase in exports (+10.7%), reaching $11.10 bn, and a reduction in imports (-13.9%), totaling $2.73 billion; with these results, a surplus of $8.37 billion was obtained (+22%), when compared to the same period in 2019, reports the Secretariat of Agriculture and Supply, through the Institute of Agricultural Economics (IEA).

Source: Portal Agronegocio

FreteBras receives $17 mm from IDB Invest

FreteBras, the online cargo transportation platform FreteBras announced that it has received an investment of $17 mm from IDB Invest, the division of the Inter-American Development Bank (IDB). FreteBras presents itself as the largest digital cargo transportation platform in Latin America having intermediated 2 million freights in the first semester, 50% more than a year earlier.

Source: Reuters

Icon Energia to build 15 solar power plants in Minas Gerais

Icon Energia announced that it will build 15 photovoltaic plants by 2022, with investments of more than R$ 120 million ($22 mm) and a total installed capacity of 50 megawatt-peak (MWp). The projects are to be installed in the north, the mining triangle and the central-west of the state. The company’s focus is on serving condominiums and commercial establishments.

Source: Portal Solar