In Brazil, the National Bank for Economic and Social Development (BNDES) approved financing totaling R$480 million for the industrial units of Companhia Mineira de Açúcar e Álcool (CMAA) to expand ethanol production and energy generation from biomass. sugarcane, and for industrial modernization and equipment acquisition. With R$220 million from the Climate Fund, Vale do Pontal […]
In Brazil, Noticias Agricolas reported that Brazil’s soybean exports in January are estimated at 1.71 million tons, according to data from the National Association of Cereal Exporters (Anec). The volume, if confirmed, would be below the 2.4 million tons shipped in the same month in 2024, according to the Anec. Corn exports were forecast at […]
In Bulgaria, Renewables Now reported that Brazil’s National Social and Economic Development Bank (BNDES) approved $163 million in financing for the construction of a plant for the production of second-generation cellulosic ethanol (E2G) by Raizen. The report noted that Raizan will build a plant with a capacity of 82 million liters of cellulosic ethanol per […]
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 […]
