Brazil Hits 92% Renewable Energy Milestone
On February 7, Brazil marked a landmark achievement, powering 92.4% of its electricity from renewables, as confirmed by the Ministry of Mines and Energy MME. Minister Alexandre Silveira praised this record, especially noting the peak energy use of 101,860 megawatts. Image by BNDES Brazil put into operation 621.56 MW of new renewable power plants in January […]
Lula presents 60 billion dollar plan to re-industrialize the Brazilian industry
The government of President Luiz Inacio Lula da Silva unveiled plans on January 22, 2024 to invest 300 billion reais (60 billion dollars) in Brazil’s industry. The funding is the backbone of a proposal the government is calling “New Industry Brazil,” a comprehensive re-industrialization plan that will provide credit and funding for sectors such as […]