Sign In

From the Media

Jan 20, 2020 - The Good Men Project

Jan Rocha - At least 30 large dams are planned for the Amazon region. If they all go ahead, every one of the major rivers which feed into the mighty Amazon will be dammed. The Brazilian government claims to have one of the cleanest energy systems in the world, with over 70% of the country`s energy provided by hydroelectric power. That claim is now being challenged as changes to Brazil’s weather pattern produce lower rainfall and more frequent droughts, causing the levels of reservoirs and rivers to fall. Earlier dams like Tucurui on the Tocantins river inundated vast areas of forest to form giant lakes, but the newer generation of dams like Belo Monte on the Xingu, and Jirau and Santo Antonio on the Madeira, use the “run-of-the river” (fio d`agua) system, with much smaller reservoirs dependent on abundant rains.

Jan 20, 2020 - Slater Sentinel

Petrobras declared a dividend on Friday, December 20th. Investors of record on Monday, December 30th will be paid a dividend of 0.2067 per share by the oil and gas exploration company on Tuesday, February 18th. This represents a dividend yield of 3.4%. The ex-dividend date of this dividend is Friday, December 27th. Shares of PBR.A stock traded up US$ 0.22 during trading on Friday, reaching US$ 14.26. The company had a trading volume of 4,221,100 shares, compared to its average volume of 4,948,500. The company has a market capitalization of US$ 94.31 billion, a PE ratio of 12.05 and a beta of 1.50. The firm’s 50 day simple moving average is $14.66 and its two-hundred day simple moving average is US$ 13.84.

Jan 20, 2020 - Renewables Now

The city of Uberaba in the Brazilian state of Minas Gerais launched a tender notice on Friday for a Public-Private Partnership (PPP) that contemplates the deployment, operation, maintenance and management of 15 MW of solar projects. The PPP studies were conducted by the Institute of Planning and Management of Cities (IPGC) and by local company Innova Energy. According to the document, the estimated value for the concession is of roughly R$ 218.4 million US$ 52.4m) with a 26-year period. The winner will be the company or consortium that presents the lowest monthly consideration, which the government currently estimates at R$ 728,154.85

Jan 20, 2020 - REVE

In 2019, Brazil added 7,246 gigawatts (GW) of installed electricity generation capacity, closing the year with a total 170,071 GW, of which more than 75% come from renewable energy (hydroelectric, wind power and solar). The increase exceeded the target for the year of 5,781 GW, set by the National Electric Power Agency (Aneel). In Ceará, 81 megawatts (MW) were added in 2019, in reference to three photovoltaics, each with 27 MW, located in Aquiraz. Hydraulics continues to drive most of the energy generated in Brazil, with a total of 4,839 MW in projects inaugurated and/or completed last year. Of this total, 4,755 MW were contributed by large hydroelectric plants, among which Belo Monte stands out.