In Brazil, National Bank for Economic and Social Development (BNDES) approved financing totaling R$1 billion for Raízen Energia S/A to build a second-generation Cellulosic Ethanol Unit, E2G, in Andradina (SP), with an installed production capacity of up to 82 million liters per year. With resources from the BNDES Mais Inovação Program (R$500 million) and the […]
In Brazil, Petrobras published its first call for proposals for acquisition of biomethane on Monday. The initiative is in line with the company’s goals of decarbonizing its operations and acting with a robust and competitive portfolio of gas offers with products with a lower carbon footprint. The initiative provides for the receipt of offers for […]
In Brazil, Orizon Valorização de Resíduos S.A. has signed a financing agreement between Orizon Biometano Jaboatão dos Guararapes Limitada and Banco do Nordeste do Brasil in the amount of R$266.8 million at the cost of IPCA + 3.30% per year, considering the contractual performance bonus, with a term of 15 years, including a 3-year grace […]
In Brazil, the Ministry of Mines and Energy (MME) recently released the result of the selection of low-carbon hydrogen hub projects, aimed at the decarbonization of Brazilian industry. In total, 70 proposals were received, with projects from 20 states, covering all regions of Brazil. The proposals included hydrogen produced from electricity (connected to the National […]
In Brazil, President Lula signed into law on Monday Law No. 15,082, which establishes the National Biofuels Policy (RenovaBio). The current text amends Law No. 13,576, of December 26, 2017, and now includes certified plants and raw material suppliers in the distribution of so-called Decarbonization Credits (CBIOs), in addition to improving the regulatory framework for […]
In Brazil, Globo Rural reported that the soy and biodiesel chain in Brazil is expected to end this year with a GDP 6% lower than in 2023, according to an estimate by the Center for Advanced Studies in Applied Economics (Cepea), at Esalq/USP, in partnership with the Brazilian Association of Vegetable Oil Industries (Abiove). The […]
In Brazil, Jornal da Cana reported that the National Union of Corn Ethanol (UNEM) opened its new office in Brasília on December 12, 2024. The inauguration took place during the entity’s Board of Directors meeting this year. Bruno Alves, responsible for Government Relations and Sustainability at UNEM, highlighted his satisfaction at concluding the year with […]
In Brazil, InfoMoney reported that Coopercotton Cooperativa Agrícola announced this a project to build a corn ethanol plant in the municipality of Itiquira, in the south of Mato Grosso region. The cooperative, formed by family groups of producers, with over 20 years of existence, is in the phase of attracting investors and has already completed […]
In Brazil, Datagro reports that a meeting coordinated by the Ministry of Mines and Energy (MME) approved on December 18 the test protocol to assess the technical feasibility of increasing the 30% anhydrous ethanol blend in gasoline (E30). According to the regulation, the tests will be conducted by the Mauá Institute of Technology (IMT), between […]
In Brazil, Forbes reports ethanol production in the 2024/25 harvest should add up to 36.1 billion liters, including the fuel produced from sugarcane and corn, the National Supply Company (Conab) estimated an increase of 1.3% from last season. This growth will be due to the jump in the growth of corn ethanol manufacturing, since the […]
