Brazil to join global energy transition initiative

Brazil’s mines and energy minister, Alexandre Silveira (pictured), announced on Friday that Brazil will join global initiatives to accelerate the energy transition and promote decarbonization. 

The announcement was made during the plenary session of the 14th Clean Energy Ministerial (CEM) and the 8th Missionary Innovation (MI) meeting in Goa, India.

Besides joining the clean energy marine hubs initiative, Brazil is also a signatory of the joint declaration to accelerate international hydrogen trade. 

"We’re confident that we can actively contribute to building balanced rules that effectively unlock large-scale investments," Silveira was reported as saying by local media.

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Qair Brasil inaugurated the Trairi hybrid wind-solar cluster in Ceará state on Friday.

With an investment of 1.9bn reais (US$400mn), the project has 429MW of installed capacity. 

It was financed by Banco do Nordeste (BNB) and has guarantees from Itaú, Banco do Brasil (BB), Bradesco, BTG and Santander. 

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Eletronuclear is resuming the so-called critical line plan to accelerate works on the Angra 3 nuclear power plant project. 

"We got an injunction to suspend the embargo imposed by the city hall and we're at the beginning of a resumption, working with the company Ferreira Guedes, which won the bidding process. This is the first stage of the project," Eduardo Grand Court, president of the state-owned firm, was reported as saying by state news outlet Agência Brasil.

He pointed out, however, that the resumption of the major works will only take place when the international bidding process is completed to hire the EPC provider, which is the designer, supplier and builder. 

According to Grand Court, this step depends on the modeling being done by development bank BNDES, which will define the necessary investments and the best way to fully resume the project.

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Eve Air Mobility and Embraer announced that the first manufacturing plant for Eve's electric vertical take-off and landing (eVTOL) aircraft will be located in the city of Taubaté, São Paulo state. 

The industrial plant will be installed in an area to be expanded at Embraer's existing unit in the city and it is subject to final approval from authorities.

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Minas Gerais state’s power company Cemig has filed an expression of interest with the mines and energy ministry and regulator Aneel to renew the concession of the Sá Carvalho, Emborcação and Nova Ponte hydroelectric plants.

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Meanwhile, Cemig acquired the remaining 51% of the equity interests held in special purpose entities (SPEs) G2 Olaria 1 Energia, G2 Campo Lindo 1 Energia and G2 Campo Lindo 2 Energia.

With this, the Minas Gerais concessionaire now holds 100% of the shares of the SPEs, as well as 100% of the G2 Olaria 2 Energia SPE. 

The SPEs own four PV solar plants in full commercial operation and with 13MWp of installed power, located in the city of Lavras, Minas Gerais state.

The cost of the acquisition was 47.4mn reais.