Even amid the pandemic, the telecommunications industry invested R$31.1 billion ($5.6 bn) in Brazil last year and is expected to maintain this level in 2021. The largest chunk has been used to improve Internet speed, what also depends on legislation by municipalities allowing the installation of towers, according to Conexis Brasil Digital, an organisation representing telecom operators. “Without towers there is no signal”.
Source: Valor International
Category: Industry
Information about Brazil’s economic sectors
Mother’s Day will move $2.2 bn in Brazil, estimates CNC
Mother’s Day should move R$ 12.2 billion ($2.2 bn) throughout the country, according to an estimate by CNC (National Confederation of Trade of Goods, Services and Tourism). The value corresponds to an increase of 47% compared to the result of 2020 (R$ 8.26 billion($1.4 bn)).
Source: R7 Economia
Certified organic market moves about $18bn in the country
The Brazilian population’s interest in organic food is on the rise, according to Euromonitor International. The Brazilian certified organic market moved approximately R$ 100 billion ($18 bn)in the country in 2020. The highest figure for this category of food since 2006, in relation to 2019 the advance was 3.5%.
Source: Money Times
Petrobras sells stake in NTS for $328 mm
Petrobras approved the sale for R$ 1.8 billion ($328 mm) of its remaining 10% stake in Nova Transportadora do Sudeste S.A. to Nova Infraestrutura Gasodutos Participações, a company formed by Nova Infraestrutura Fundo de Investimentos em Participações Multiestratégia, an investment fund managed by Brookfield Brasil Asset Management Investimentos Ltda., and by Itaúsa S.A., the current controlling shareholders of NTS.
Source: Canal Energia
Brazil struggles to sell high-tech products
Exports of high technology products totalled $1.35 bn in the first quarter and had the second worst result for the period since official records began, in 2010, according to analysis by the National Confederation of Industry (CNI). The value is only better than that seen in the first quarter of 2020, when world demand was already weakened by the effects of the pandemic.
Source: Valor International
Santos terminal receives 16% more cargo via rail with advance in agro
The total cargo handled at Tiplam (Terminal Integrador Portuário Luiz Antonio Mesquita), in Baixada Santista, showed growth of 16.3% in 2020, compared to the previous year, with the boost in grain and sugar transport by rail. Managed by concessionaire VLI, the Santos terminal handled 12.6 million tons of grains, sugar and fertilisers last year.
Source: SP Investe
Tereos’ “green” credit in Brazil now amounts to $181 mm
Brazil’s second largest sugar producer, Tereos Açúcar e Energia Brasil, the sugar and energy arm of French co-operative Tereos, agreed new credit operations related to environmental sustainability projects and criteria last month and ended the last sugar and ethanol harvest (2020/21) with more than R$1 billion ($181 mm) in “green” financing, an amount equivalent to almost a third of its entire debt.
Source: Portal do Agronegocio
Northeast hits new record of solar photovoltaic generation
The ONS informed that the Northeast registered a new record of average solar photovoltaic generation last Monday (26/04). The solar rays reached the generation of 645 average MW, an amount that represents 5.6% of the load demand of the whole region. The previous record was registered on 07/04, with 623 average MW, 3.4% lower.
Source: Energia Hoje
BYD Energy launches monocrystalline 400Wp photovoltaic module
BYD has started producing 400Wp monocrystalline modules at its factory in Campinas (SP). The company reported that the new photovoltaic cells have 22.6% efficiency, making it possible to produce the 400Wp modules without changing module size. The benefit for the end customer is a more efficient product, which generates more energy, containing the same size and dimensions compared to similar imported products sold in Brazil.
Source: Canal Energia
Biofuel chain in Brazil has additional $127 mm in 2020
Adopted by the plants of RenovaBio, the federal government’s biofuels program, RenovaCalc has presented expressive results, consolidating the carbon market in Brazil by 2020. The amount of business with this type of security last year alone exceeded 14 million CBios traded, generating an additional revenue of almost R$ 700 million ($127 mm) in the biofuel chain in Brazil, according to Embrapa.
Source: Money Times
