World Bank approves funding for Brazil to meet climate goals

The World Bank´s board of directors approved a $500 million project in Brazil to expand sustainability-linked finance and strengthen the private sector’s capacity to access carbon credit markets and help the country curb deforestation. Sustainability-linked financing (SLF) allows for lower financing costs when certain environmental, social and governance (ESG) requirements are met by a company

Brazil exports third DDGS shipment of corn-based ethanol to Vietnam

Corn-based ethanol production increases in Brazil and so does its DDGS supply, so the first cargo of 55,000 metric tons has set sail for Vietnam. Corn ethanol production is expected to rise 31% season over last season at 4.5 billion liters, accounting for about 15% of the country’s overall total production that is dominated by

Brazil sets up secretariat to develop green hydrogen

The National Institute of Clean Energies in Brazil has inaugurated a new secretariat that will focus on facilitating the growth of the green hydrogen sector. The establishment of a green hydrogen secretariat (SHV) to accelerate the growth of green hydrogen production in Brazil. The secretariat will serve under the leadership of Luiz Piauhylino Filho, who

Largest green hydrogen and ammonia plant construction commences in Brazil

Unigel has invested an initial R$650m ($122m) in the new factory in Camaçari, Bahia state the country’s first green hydrogen plant. The plant will use three 20MW alkaline electrolysers from German manufacturer Thyssenkrupp Nucera to produce the H2. Unigel makes initial $120m investment in 60MW first phase, and the company has begun construction on the

Ethanol production picks up in Brazil

UNICA, the Brazilian sugarcane industry association, has announced that ethanol production picked up in June. Mills in the south-central region of Brazil processed 38.6 million tons of sugarcane during the first half of June, up 5.76 percent when compared to the same period of last year. Since the start of the current harvest season, which

Brazil’s biodiesel producers ready to increase output

Brazil’s biodiesel producers are ready to increase output to prevent a major diesel supply shortage. In September last year, the government decided to reduce the mandatory mix of biodiesel in diesel because of the high price of soy, the main raw material for the production of biofuel in the country. The country’s bio blending sector

Ethanol production in Brazil down 10% in the first half of May

UNICA data shows that ethanol production in Brazil was down 10% during the first half of May at 1.65 billion liters compared to the same period in 2021. The figures include corn ethanol production and not just sugarcane based. The data also shows that sugar production was down more than 30% from 2021 at 1.67

Shell and Acu port in Brazil agree for developing pilot green hydrogen plant

Shell and Brazil’s Acu port have agreed to develop a green hydrogen generation pilot plant at the port’s facilities, located in the northern region of the state of Rio de Janeiro. Under the terms of a memorandum of understanding, the pilot plant, which is expected to be ready in 2025, will have an initial capacity

India and Brazil agree to work on developing biofuels

Indian Minister of Petroleum & Natural Gas Hardeep Singh Puri along with Albuquerque reviewed the long list of bilateral and international activities and initiatives undertaken in the biofuels sectors in recent years, including the exchange of technical visits, the two editions of the Brazil-India Ethanol Talks, Symposium on Aviation Biofuels, launching of the Joint Working

Sugar production in Brazil up by 15%, but ethanol output down

Sugar output in the 2022/23 season in Brazil, the world’s largest producer and exporter, is seen growing 15% to 40.28 million tonnes as fields partially recover from the harsh 2021 drought, government agency Conab said. In its first projection for the new season that started in April, Conab said it expects a total sugarcane crop