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Even Amid the Covid-19 Pandemic, Brazil Continues to Grow and Attract Investments, Techint’s Commercial Director Discussed the Topic in an Interview
Brazil is currently facing a somewhat challenging scenario with Covid-19, but there are many future investment opportunities, with the opening of the downstream market, the voting on the Gas Law, and energy transition, among other factors, Techint’s expectations are encouraging the market.
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For its first year as a sponsor of Rio Oil & Gas, Techint has the best investment expectations for the post Covid-19 market, as the Oil & Gas event consistently excels in promoting networking and technical panels during the fair.
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Considering two challenges in the format adapted to the Covid-19 pandemic period, which are: making the transfer of these exchanges towards the virtual universe, and placing more emphasis on specific discussions, in order to provide companies accessibility to debate their ideas and present their products efficiently.
The Digital Format on the Rise, According to Techint’s Director
The great advantage of the digital format amid the Covid-19 pandemic is that it does not require travel time between meetings. This allows for participation in more forums, and greater access to information from other companies through their websites and online papers.
Brazil has investments of over 45% of its energy matrix from renewable sources, but with little planning for the best use of such sources.
With Operations in Energy Generation and Power Plant Construction, How Could Brazil Be Included in This Energy Transition Process?!
Brazil, already having a considerable opportunity in the energy transition process, stands out because it has a strong renewable resource base, unlike other countries that still rely upon coal; at a national level, Brazil already has a differentiated and much cleaner foundation.
With more than 60% of energy generation coming from hydropower, along with the growth of wind and solar, and energy generation via biomass.
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