Petrobras divests wholly-owned Brazilian biofuels unit
Petroleo Brasileiro SA has started the divestment process for its biofuels unit Petrobras Biocombustivel SA (PBIO) in Brazil.
Petrobras will sell three biodiesel plants except for the stakes in BSBios (50%) and Bambui Bioenergia (8.4%).
PBIO supplies 580,000 cubic meters of production capacity and is considered as one of Brazil’s largest biodiesel producers.
Country updates
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July 02, 2020
BNDES approves financing for 63 MW Ventos de Santa Martina 14 wind project
The National Bank for Economic and Social Development (BNDES) has approved long-term financing for the implementation of the Ventos de Santa Martina 14 wind farm, located in the municipalities of Cai&...
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July 02, 2020
Atlas Renewable, DOW sign PPA for 187 MWp Jacaranda solar PV project in Juazeiro
Atlas Renewable Energy, along with the American material science multinational company Dow, has signed a large-scale solar energy contract in Brazil. The clean energy supply will be through the Jacara...
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June 30, 2020
Anglo American to offtake 95 MW of power from 504 MW Rio do Vento wind project in Rio Grande de do Norte
Anglo American mining company has signed an agreement to buy 95 megawatts of wind power from Casa dos Ventos in northeast Brazil, for 20 years, starting in 2022. The 504 MW Rio do Vento wind project...
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June 26, 2020
Canadian Solar secures PPA for 274 MWp solar PV projects in Minas Gerais and Pernambuco
Canadian Solar Inc. has signed two private power purchase agreements (PPA) with Braskem S.A. and COPEL Energia for a total of 274 MWp in solar power projects in Brazil. Braskem S.A. is the largest pr...
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June 23, 2020
Energia Sustentável do Brasil launches RFP for energy sale from wind and solar assets
Energia Sustentável do Brasil S.A. (ESBR), a Brazilian special purpose company formed to construct, maintain and operate the Jirau hydroelectric power, has launched a request for proposal...
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