Historic expansion of ethanol production promises to transform Brazil's renewable energy sector with biomass generation
Uberaba is about to become the epicenter of energy innovation in Brazil! O National Bank for Economic and Social Development (BNDES) announced a gigantic financing de R $ million 480 to Mining Sugar and Alcohol Company (CMAA). That BNDES capital injection will allow CMAA to expand its ethanol production and increase the energy generation from sugarcane biomass, according to the Money Times website.
Modernization and growth: The future of sustainable energy
BNDES' robust financing will not be limited to expansion alone. CMAA will use the resources for the industrial modernization e acquisition of state-of-the-art equipment, positioning itself as a leader in green technology. Located in Uberaba, Minas Gerais, CMAA is one of the most promising sugar and alcohol groups in Brazil.
Lula Government Support: Towards decarbonization
The approval of this BNDES financing is in line with the policies of the Lula government, which seeks to intensify the production of biofuels as a crucial part of the strategy decarbonisation of the country. “This initiative reflects our commitment to the production of clean and renewable energy ”, highlighted Merchant Aloizio, president of BNDES.
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Ethanol production will explode!
Thanks to the funding, the Vale do Pontal unit of CMAAlocated in West Limeira , you will see an increase in production of anhydrous ethanol from to 85 million liters per year, reaching 205 million liters per harvest. It's a true revolution in the sector!
In addition to ethanol, energy generation from biomass will also receive a huge boost. The capacity of the Vale do Pontal unit will be expanded to 68 MW, almost doubling the current production. With this, the total project, valued at R $ million 289,4, promises more than 500 new jobs in the region.