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Brazil oil & gas and marine news highlights from DIT

30 March 2021

The following has been collated and distributed by the Department for International Trade (DIT):

Enegix Energy Pte Ltd (Australia) has unveiled the Base One green hydrogen project in cooperation with the State Government of Ceará, an investment of $5.4 billion (£ 700.9 milion). Under the terms of the MoU signed on February 19 with the state governor Camilo Santana, Enegix will set up a green hydrogen plant that will produce over 600 million kg of green hydrogen per year from already contracted 3.4GW of combined baseload wind and solar power through a partnership with Enerwind. [Renewable Energy Magazine]

Brazil's installed solar distributed generation (DG) capacity has surpassed 5 GW after reaching 4.7 GW a month prior, statistics by power sector regulator Aneel show. Minas Gerais is the state with the largest DG capacity -- 940.5 MW, followed by Sao Paulo with 632.7 MW and Rio Grande do Sul with 625.4 MW. [Renewables Now]

The Pecém Port in Ceará will receive an offshore wind tower from the chinese Mingyang Smart Energy, in order to measure the region's winds. "We, from the State Government, are working to create conditions to attract companies that produce renewable energy to Ceará. We are committed to providing all institutional support for the Mingyang project to be consolidated. We are very happy and excited to establish this clean energy matrix in Ceará and Brazil ”, said Maia Júnior, holder of the Municipal Secretariat for Territorial Development and Environment. [Click Petróleo e Gas – Portuguese Only]

Brazil's state-owned energy research firm EPE unveiled that 66,862 MW of renewable energy projects have been registered for the two auctions that will be held sequentially on June 25, 2021. The winners will secure power purchase agreements (PPA) with a 30-year term for hydropower plants (HPPs), 25-years for biomass sources and a 20-year term for wind and solar projects. Power supply is set to commence on January 1, 2024 for A-3 and January 1, 2025 for A-4 winners, the government said previously. [Renewables Now]

CHESF (São Francisco’s Hydropower Co) announced that by 2025 it intends to invest R$ 2 billion (£ 261.9 million) in a project to modernize its existing generation and transmission assets. The company initiated the effort last year. During this period, more than R$ 300 million (£ 39.3 million) was invested in improvements to lines, substations and plants in the system. CHESF manages 12 hydroelectric plants, three wind farms, 130 substations and more than 20,000 kilometers of electricity transmission lines interconnected to the National Interconnected System (SIN). [Brasil Energy]

Electric energy production from urban waste rose 7.7%, the electricity trading chamber (CCEE) reported. In 2020, biogas plants produced around 110.2 MW-a per year, surpassing the 102.3 MW-a mark in 2019. The CCEE pointed out that, although it has a small share in the Brazilian electric matrix, the expectation is that the segment may attract new investments. In the past five years, this sector has increased its energy production by 162%. [Brasil Energy]

Porto do Açu Operações S.A. has signed a Memorandum of Understanding (MoU) with Fortescue Future Industries to conduct feasibility studies on a 300MW green hydrogen plant at the Port of Açu in Brazil. The availability of green hydrogen and renewable power is expected to drive further sustainable industrialisation at the Port, including production of green steel, fertilizers, chemicals, fuels, and other sustainably manufactured industrial products. [Power Engineering International]

Petrobras convened for April 12 the extraordinary general meeting (AGE) of shareholders that aims to remove Roberto Castello Branco and elect the reserve general Joaquim Silva e Luna to the board of directors of the state-owned company. This is a prerequisite for the change in command of the oil company to take effect and the director general of Itaipu Binacional takes over the company, as President Jair Bolsonaro wants. The AGE will elect eight of the eleven members of the collegiate. [ABDID – Portuguese Only]