Programme to reduce youth unemployment is expected to cost $1.1 bn

The program being called Productive Inclusion Bonus (BIP) is expected to cost around R$ 6 billion ($1.1 bn) to the public coffers and aims to reduce youth unemployment. The beneficiary would receive up to R$ 600 ($110), which would be divided between the government and the employer. The idea so far is that the amount paid by the Union could vary from R$250 to R$300 – ($45 – $55) the other part would be paid by the employer.

Source: Valor Investe

Brazil totals 1 GW in commercial operation of new generation in 2021

Data from Aneel indicates that in April Brazil reached 1,007 MW of installed capacity with commercial operation starting in 2021, with 324.45 MW released by the agency last month alone. Wind generation was, for the fourth consecutive month, the source with the highest volume of energy with commercial operation authorized, registering 218.45 MW of power with commercial operation started, 67% of April’s total.

Source: Energia Hoje