Category: Industry

Information about Brazil’s economic sectors

Brazil confiscates 70,000 tons of illegally manganese

Brazil seized 70,000 tons of illegally extracted manganese that would be shipped to China. The National Mining Agency (ANM) confiscated the ore valued at R$60 million ($11 mm). ANM reported that the seizure took place in the port of Vila do Conde, near the city of Belém, in the northern state of Pará.

Omega Generation buys wind power in Bahia by $120 mm

Renewable energy company Omega Geração announced the acquisition of 50% in wind farms of the French company EDF Renewables in Bahia, in addition to negotiations for the possible acquisition of new projects. The deal for the complexes reaches a total of 182.6 MW in capacity and was valued at R$ 661.7 million ($120 mm).

Brazilian agro exports break record of $61.2 bn in 2020

Brazilian agribusiness exports reached US$ 61.2 billion and 131.5 million tons from January to July 2020, a new record for the period. Compared to the first seven months of last year, the growth reached was 9.2% in value and 17% in quantity exported. The analysis of the Confederation of Agriculture and Livestock of Brazil (CNA) is based on data released by the Ministry of Economy.

Brazilian solar energy shows tendency to grow in 2020

The Brazilian distributed solar generation market shows signs of recovery in the second half of the year, after suffering the impacts of the COVID-19 pandemic, points out a study by Greener. Of the 2,104 companies interviewed, 25% said they had not made any sales in the first half of 2020. Of these companies, 29% began operations that year. Already 11% of the integrators declared to have sold more than 500 kW in the last 6 months.

Brazil’s sugar production should advance 32%

Brazil’s sugar production in the 2020/21 season is expected to reach 39.33 million tons, a 32% increase compared to the previous season, projected by the state-owned Companhia Nacional do Abastecimento (Conab). The projection was high compared to Conab’s first estimate for the cycle, in May, when sugar production was seen at 35.3 million tons.

Araxá Energia plans to invest $80 mm in solar GD

Araxá Energia’s business plan plans to invest R$ 450 million ($80 mm) in the construction of 150 MW of installed capacity in the remote generation mode by the end of 2022. The remote generation business model for lease is characterised by plants between 1 and 5 MW. The first 5 MW are planned to start construction in January 2021, with investments estimated between R$ 15 and R$ 20 million. ($2.6 and $3.6 mm)

Projects for sanitation of concessions and partnerships totalize $11.2 bn

The approval of the new sanitation framework should strengthen the entry of private investments in the sector. The government is studying concessions and Public-Private Partnerships (PPPs) projects that amount to R$ 62 billion ($11.2 bn). Of that amount, R$ 55 billion ($10 bn) are in BNDES and another R$ 7 billion ($1.3 bn) with Caixa. The largest of the projects being structured at BNDES, of R$ 33.5 billion ($6 bn) is in Rio de Janeiro.

Aneel approves 135 MW in solar energy production in Paraíba

The National Electrical Energy Agency (Aneel) granted to Rio Alto Energia the 35-year concession for the implementation and operation of five photovoltaic plants under the independent production regime, totalling 135 MW of installed capacity in the municipality of Coremas. The solar complex is composed of ten plants with capacity to generate 300 MWp, generating 93 MWp in an area of 300 hectares.