Furnas acquires 1 GW solar via private auction

Furnas, contracted for the first time via private auction the energy of enterprises encouraged via the free market. Fifteen solar plants were made possible for a period of fifteen years, and supply began in 2024. The projects are in Bahia, Piauí, Ceará and Paraíba, with a total installed capacity of 1 GW, with an estimated investments of about R$4.1 billion ($759 mm).

Source: Canal Energia

Micro-credit programme could reach 20 million low-income workers

The micro-credit programme that the government intends to launch as one of the alternatives after the end of the emergency aid could benefit some 20 million low-income workers. Caixa is expected to enter R$10 billion ($1.85 bn) to finance the new line of credit, which could reach R$25 billion ($4.6bn). The average value of the operations is expected to be around R$1,000 ($185.00).

Source: Isto E