The federal government has decided to increase taxes on banks, limit a tax break for carmakers and for the petrochemical sector, O Globo reports without mentioning how it got the information. Initiatives seek to offset the loss of revenue for reducing the so-called PIS/Cofins taxes on diesel and cooking gas: Tax cut for fuels will cost 3.6 billion reais in 2021, O Globo says, citing calculations by the economic team; PIS/Cofins taxes cut on diesel will be valid for two months, and will be permanent for cooking gas.

Mar 02, 2021 - Cision PR Newswire

Nextracker™, a Flex company, announced that it has been selected by leading Brazilian EPC firm Andrade Gutierrez and developer Elera Renováveis (formerly Brookfield Energia Renovável) to supply 830 MW of its world-leading solar tracker technology, NX Horizon™ for Phase I of the Janaúba solar complex located near the city of Janaúba, Minas Gerais, Brazil. When completed, the plant will be the largest of its kind in South America and is scheduled to become operational by early 2022.

Mar 02, 2021 - Argus Media

Brazil's Renovabio biofuels program is entering its second year with growing prospects for Cbio carbon credit trading. BP Bunge Bioenergia's commercial director Ricardo Busato Carvalho talked about the outlook for the program and the company's plans to further reduce its carbon footprint. “The first year of Renovabio was excellent in our view. BP Bunge sold all the Cbios its 11 mills generated in 2020, and we actively participated in the market to help guarantee liquidity and that the target would be reached. Fuel distributors fulfilled their obligations under the program, but some buyers that were not required to purchase the carbon credits also purchased Cbios. This is interesting because it provides even more impetus for players that are not in the fuel distribution sector to have a cleaner carbon footprint, which further strengthens the initiative.”

Mar 02, 2021 - Electrek.co

The Biden administration is calling for action in order to stem climate change for a wide range of sectors, and that of course includes buildings and transport as major emitters. It’s going to require the rapid implementation of innovative new ideas and products. Enter ready-to-roll – literally – “organic energy company” GO-OPV. All the products and applications are manufactured by GO-OPV from organic film printed by Brazilian company Sunew. The product is a thin film called ORENgE that can capture any light and convert it to clean energy in a more efficient way than traditional solar panels. The panels are thin, flexible, ultra lightweight, and can be used both vertically and horizontally.