Heineken to produce beer in Brazil from 100% renewable energy

The Heineken brewery announces that this December Brazilian production will start using 100% renewable energy in its plants in Alagoinhas (BA), Araraquara (SP) and Ponta Grossa (PR). The action is part of the global strategy of the company “Brewing a Better World”, which has as one of its objectives to reduce CO2 emissions in production by 80% by 2030.

Source: Exame

Brazil’s export will grow 13.7% in 2021, says AEB

Brazilian exports are expected to grow 13.7% in 2021 compared to 2020, to $237.3 bn, with the country’s foreign sales becoming more dependent on products such as soybeans, oil and iron ore, predicted the Brazilian Foreign Trade Association (AEB). With higher prices and lower growth in shipped volumes, these three products will increase their share of Brazil’s total exports to a record 40.2%.

Source: Portal do Agronegocios

Light gives exclusivity to Brasal to negotiate 51% that it holds in Paracambi

Light approved the concession of exclusivity period to Brasal Energia to negotiate the sale, for R$ 88.7 million ($17.8 mm), of the company’s 51% stake in PCH Paracambi. The company also approved the exclusivity period for Brasal Energia to negotiate, for R$ 96.4 million ($19.4 mm), the 51% stake of its subsidiary Light Energia in Guanhães Energia, a company that operates the PCHs Senhora do Porto, Dores de Guanhães, Fortuna II and Jacaré.

Source: 6 Minutos

Vale to develop $500 mm photovoltaic plant

Vale will build a photovoltaic plant with 17 sub-parts, totalling an installed capacity of 766 MWp with investment of $500 million . The project will be carried out in the municipality of Jaíba, in the state of Minas Gerais, and will be called Sol do Cerrado. The investment is a strategic alternative that, in addition to helping achieve the sustainability and competitiveness goals, will provide a reduction of about $70 million per year in electricity costs.

Source: Portal Solar

Sales are expected to grow by 10% to 15% in December, provides for ACSP

For the Commercial Association of São Paulo (ACSP), with Christmas, sales for the month of December should close with an increase of 10% to 15% compared to November. Compared to the same period next year, stability is expected. The Association also points out that for next year, the government needs to think about strategies to maintain consumption.

Source: 6 Minutos

E-commerce should reach $22 bn in 2021 and grow 30% this Christmas

E-commerce sales in Brazil in 2021 are expected to grow 26%, which would lead the sector to a turnover of R$ 110 billion ($22 bn). A survey conducted by EbitNielsen also indicated the expectation for Christmas this year with an expected increase of 30% to R$ 3.38 billion ($676 mm) in sales. The 2021 result, however, will be limited by the more gradual recovery of the economy, expectations of higher basic interest rates and higher inflation.

Source: UOL Economia

BRDE funds $48 mm for renewable projects in 2020

The Regional Development Bank of the Extreme South (BRDE) this year contracted R$ 241 million ($48 mm) in renewable energy projects to be developed in the three states of the Southern region, covering CGHs, SHPs, wind and photovoltaic, as well as energy efficiency. Most of the resources, R$ 182 million ($36 mm), will go to Paraná. From 2015 to 2019, the volume of funding from BRDE totalled R$ 1.37 billion ($274 mm) in renewable energy and energy efficiency projects, out of a total of 650 contracts.

Source: Energia Hoje

S&P Global raises Azul rating to CCC+, with stable outlook

The S&P Global has raised from CCC- to CCC+ the grade given to the Azul airline, with stable perspective. In a note, S&P attributed the decision to the prospect of less liquidity pressure over the next 12 to 18 months on the company’s finances, which recently issued R$1.7 billion ($340 mm) in convertible debentures, in addition to renegotiating contracts, including aircraft lease.

Source: Money Times