Category: Industry

Information about Brazil’s economic sectors

Horizonte Minerals obtain $325 mm for nickel mine in Brazil

Horizonte Minerals reported that it obtained $325 million loan to help finance the construction of a nickel mine in Brazil, and is in advanced negotiations to secure an additional $115 mm. The Araguaia project will produce ferronickel and construction is expected to begin in early 2021 with the cost of the first phase estimated at $440 mm.

BYD launches $1.2 mm photovoltaic plant in Campinas

BYD inaugurated in Campinas (SP) its first photovoltaic plant exclusively focused on research and development (R&D) in Brazil. With an investment of R$ 7 million ($1.2 mm) in equipment, the unit was built within the 4.0 industry concept. According to the company, the solar farm has a complete weather station and will have a capacity of 500 kW, which will be generated from a wide range of technologies in photovoltaic modules

Harvest in Brazil reaches 64.9 million hectares in 2020

Brazilian producers are expected to harvest 64.9 million hectares in the 2020, an increase of 2.6% compared to 2019. The data are from IBGE and the result represents more 1.7 million hectares in one year. Rice, corn and soy are the three main products of this group and, added together, represented 92.2% of the estimated production and accounted for 87.1% of the area to be harvested.

Biogas may be key to bio-economy in the Amazon

The bioeconomy has been pointed out as a solution for the preservation of the Amazon Forest. An unprecedented study points out biogas as the best option for the region, as it is a fuel produced from organic matter. Biogas could compete perfectly with other sources in government energy auctions, and in the form of bio-methane could replace diesel imports, which would reduce emissions of polluting gases by 85%.

Solar sector generated more than $1.6 bn in revenue

A survey by the Brazilian Association of Photovoltaic Solar Energy (ABSOLAR) shows that the sector has reversed more than R$ 9 billion ($1.6 bn) in the last eight years with taxes on equipment installed in distributed generation projects connected to the national electricity system. According to ABSOLAR, the source has already generated more than R$ 31 billion ($5.6 bn) in private investments in the country, creating about 180 thousand jobs.

Ibama rejects Caucaia offshore wind farm project

Ibama rejected the application for a preliminary license to install the offshore wind farm Caucaia, in Ceará. The 598 MW project is a partnership between the Italian company Imprese and Sviluppo and the businessman Lucio Bonfim. The environmental impact study (EIA/Rima) was rejected and the preliminary license was denied for the second time, due to deficiencies in port solutions and impacts on the beach of the Ceará coast.

Marcopolo creates new articulated bus with 100% electric technology

Bus manufacturer Marcopolo presents the Attivi Express, its new model of articulated urban bodywork dedicated to electric propulsion chassis. The model is part of the launch of the project of the first light vehicle on 100% electric in Brazil. The supply of the VLPs will be the responsibility of BYD, global leader in the manufacture and commercialisation of electric vehicles, which chose Marcopolo as a partner in the development of this pioneering model in Brazil.