Cogeneration grows 1.2% in Brazil by 2020

Cogeneration in Brazil grew by 1.2% in 2020 and already has 639 plants, representing 18.81 GW of installed capacity. This corresponds to 10.8% of the Brazilian electricity matrix (174.7 GW), which is equivalent to the installed capacity of 1.3 hydroelectric plants in Itaipu (14 GW). According to Cogen data, 62.4% represent cogeneration from sugarcane biomass. Natural gas-fired cogeneration already accounts for 16.8%.

Source: Canal Energia

$222 mn investment converts Ford factory into logistics centre

With an investment of R$ 1.2 billion ($222 mn), the purchasing group of the old Ford factory will begin work to transform into a modern logistics centre the area that housed the assembly line of the brand’s vehicles for 52 years. The São Bernardo area will have 13 modular warehouses in 460 square meters of built area and it is estimated that between 4 thousand and 4.5 thousand jobs will be generated when the whole complex is occupied.

Source: Agencia Estado

Ibama closes $29 mn deal with Norte Energia on Belo Monte flow

The Brazilian Institute for the Environment and Renewable Natural Resources (Ibama) has signed an agreement with Norte Energia, the concessionaire of the Belo Monte hydroelectric dam, regarding the flow of the plant. According to statement, Belo Monte has accepted all the additional measures established by Ibama and is expected to invest R$157 million ($29 mm) in programmes to minimise the impacts of the reduced flow stretch of the Xingu, where the plant is located.

Source: Money Times