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.
Securing land ownership for Amazonian indigenous communities can be vital to contain deforestation in the world’s largest rainforest, U.S. researchers have found. Coauthor of the study, Kathryn Baragwanath, a PhD student at the University of California, said territories with full property rights had a 66% lower rate of annual deforestation compared to lands outside their borders.
According to official data, between January and July foreign sales of soybeans, the country’s main export product, grew 36.3% in volume and 33.3% in sales compared to the same period in 2019. Almost 70 million tons were exported, for $23.8 billion.
BYD inaugurated in Campinas (SP) its first photovoltaic plant exclusively focused on research and development (R&D) in Brazil. With an investment of R$ 7 million ($1.2 mm) in equipment, the unit was built within the 4.0 industry concept. According to the company, the solar farm has a complete weather station and will have a capacity of 500 kW, which will be generated from a wide range of technologies in photovoltaic modules
Brazilian producers are expected to harvest 64.9 million hectares in the 2020, an increase of 2.6% compared to 2019. The data are from IBGE and the result represents more 1.7 million hectares in one year. Rice, corn and soy are the three main products of this group and, added together, represented 92.2% of the estimated production and accounted for 87.1% of the area to be harvested.
The bioeconomy has been pointed out as a solution for the preservation of the Amazon Forest. An unprecedented study points out biogas as the best option for the region, as it is a fuel produced from organic matter. Biogas could compete perfectly with other sources in government energy auctions, and in the form of bio-methane could replace diesel imports, which would reduce emissions of polluting gases by 85%.
A survey by the Brazilian Association of Photovoltaic Solar Energy (ABSOLAR) shows that the sector has reversed more than R$ 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 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.
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.
With a mostly clean energy matrix and a history of initiatives to develop more sustainable fuels with ethanol and biodiesel, Brazil is preparing for the second generation of biofuels with a focus on green diesel, also known as renewable diesel, HVO (Hydrotreated Vegetable Oil) or renewable Paraffin Diesel.