São Paulo state has surpassed the mark of 500 MW operating in distributed generation from the solar source, points out ABSOLAR. With this, SP assumed the second position in the state ranking of photovoltaic GD in Brazil. The same mapping indicates that Santa Catarina surpassed the mark of 200 MW operating in GD and occupies the seventh position in the same ranking.
Source: Portal Solar
Brazil registers an unprecedented increase in domestic demand for sugar, and the strong domestic consumption of the world’s largest producer of the commodity aggravates the global deficit scenario. Mills in the Center-South region, which accounts for 90% of the country’s sugar production, sold 10% more of the commodity to the domestic market, according to Unica.
Source: Money Times
The expansion of the electricity sector until mid-November totalled 3,934.81 MW released by the National Electrical Energy Agency. According to the agency, in November there were five new wind farms, which together totalled 155.4 MW in installed capacity, divided into two farms, one in Bahia and the other in Piauí.
Source: Canal Energia
National tourism lost R$41.6 billion ($7.7 bn) between March and September 2020, the period of the COVID-19 pandemic in Brazil. The amount represents a 44% drop in revenues compared to the same period last year, according to a survey by FecomercioSP. The retraction is mainly driven by the air transport sector.
Source: Isto É
Known for its commitment to the ESG theme, Nordea Asset Management wants to expand access to knowledge in Brazil, in a market that is increasing interest in the theme. XP Inc. has partnered with Nordea Asset to train its more than 7,000 investment advisors on ESG practices.
Among the new investments of the ex-Brookfield Energia Renovável is the largest 1.2 GW solar photovoltaic plant to be installed in the country. Elera Renováveis, the new name for Brookfield Energia Renovável’s Brazilian operations, will invest R$4 billion ($740 mm) by 2023 to more than double its installed capacity of renewable energy in the country, reaching 3.3 GW.
Source: Energia Hoje
The National Electrical Energy Agency has decided on the commercial operation of two wind turbines in the Ventos de São Januário 05 park, adding 8.4 MW of installed capacity in the municipality of Campo Formoso (BA), in a project awarded to EDF Renewables in Brazil.
Source: Canal Energia
The scarcity of raw materials in several segments and the high prices are currently the main factors limiting the expansion of industrial production in the country. Research by the Getulio Vargas Foundation (FGV) indicates that in October, the lack of inputs reached the highest levels since 2001 in 14 of the 19 industry segments.
Source: UOL Economia
The special secretary of foreign trade of the Ministry of Economy said that the Brazilian foreign trade redaction observed this year tends to persist, with slow recovery. The assessment differs from the statement by Minister Paulo Guedes that he is betting on Brazilian exports as a factor to hold back the retraction of GDP.
Biofuel producers classified as a step backwards for fuel distributors to reduce their carbon credit purchase targets within the RenovaBio programme. The programme creates a positive agenda that drives efficiency and values investments in clean technology. The reduction is seen by the industry as an authorisation to pollute.