The new deadline for submission of letters of intent is August 12. Bidders are required to prove technical ability to build and operate a solar power plant.
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The Secretary of International Relations of Brazil’s Ceará sate, Roseane Medeiros, visited the Arab-Brazilian Chamber and discussed joint actions to grow her state’s economic relations with Arab countries.
The month-on-month increase was primarily due to higher production of crude oil, petroleum, petroleum products, and natural gas.
Country produced record-high 43 billion liters of ethanol and biodiesel in 2023. Ethanol output rose by 15.5%, and biodiesel 20%.
During the FII Priority, Aloizio Mercadante, President of the Brazilian state development bank BNDES, highlighted Brazil’s green and energy potential, in a bid to attract investments from the Gulf.
Brazilian energy firm had its credit rating raised to BB by rating agency S&P, indicating a higher security for investors.
The IMF expects a GDP growth rate lower than in 2022 but still at a “strong” pace. Inflation is slowing down and international reserves are “comfortable.”
Brazil’s Minister of Environment and Climate Change told UAE news agency WAM that the decisions made at COP28 are the basis for initiating investments that are aligned with nature.
In a meeting with civil society members, Lula said that the country will enter the oil cartel OPEC+, and that ending some fossil fuels is a desire but a struggle, too.
The Arab country seeks to become the top supplier of green hydrogen in North Africa. Plans include exporting to European nations and using it in fertilizer production.
The company issued a license request for offshore wind projects in 10 areas.
The mineral used to manufacture products such as batteries for electric vehicles was extracted in Minas Gerais and sent to the Chinese company Yahua. The vice president of Brazil accompanied the sending.
Small and medium enterprises, nonprofit organizations and high schools can submit entries before May 2, 2023.
Petrobras started testing an equipment that mensurates the speed and direction of the winds at the ocean so that Brazil can produce wind power in offshore parks.
