Investments in infrastructure: Ministry of Mines and Energy (MME) announces a R$ 50 billion plan to be invested in the construction of new transmission lines for renewable energy in the Northeast region of Brazil

The objective of the MME is to guarantee more infrastructure for the flow of renewable energies produced in the area. The billionaire investments put the Northeast on an even higher level in the transmission lines of the resource.

Minister Alexandre Silveira, from the Ministry of Mines and Energy (MME), recently confirmed R$ 50 billion in new investments in infrastructure in the national energy market. The amount will be allocated to a project to build new transmission lines for renewable energy in the Brazilian Northeast. The press conference took place in the presence of President Lula, at the inauguration of a new Neoenergia renewable complex in Paraíba.

MME commits to the infrastructure of the Brazilian energy market with new investments of BRL 50 billion for transmission lines in the Northeast

At the inauguration of a new Neoenergia renewable generation complex in the city of Santa Luzia (PB), the Minister of Mines and Energy, Alexandre Silveira, announced that Brazil will receive investments of R$ 50 billion to build new transmission lines, which will be used to transport the renewable energy generated by the states of the Northeast. President Lula was also present at the event.

The new investment plan announced by the MME will place the Northeast region of Brazil at an even higher level with regard to the renewable energy sector.

The region is already one of the largest producers of renewable resources, especially when it comes to wind and solar energy. However, with the growth of the market, new works are needed to expand the infrastructure for the demand.

Thus, the objective of the MME with the construction project for the new transmission lines for renewable energy is to provide the necessary structure for even larger undertakings.

According to the Minister of Mines and Energy, Alexandre Silveira, Brazil will have the largest electricity transmission program in the Northeast, with investments of approximately R$ 50 billion. These investments will allow the construction of more wind and solar parks capable of associating and disposing of renewable energy generation in the country.

Recently, Neoenergia announced an incredible investment plan for a new project that unites wind and solar renewable energies in a complex in Paraíba. Thus, these and other undertakings will benefit from the ministry's initiative.

Allied to the investment plan for renewable energy transmission lines, at least three energy auctions will be held in 2023

The Secretary of Electric Energy of the MME, Gentil Nogueira, commented at the press conference that at least three major transmission auctions will be held in 2023.

They aim to guarantee the growth of wind and solar sources in the North of Minas Gerais and throughout the Brazilian Northeast.

In addition, these auctions will be essential for the energy transition process, enabling the flow of wind and solar energy from the Northeast and North of the country, in addition to the North of Minas Gerais, which are considered priority issues for the government.

Currently, 85% of the Brazilian energy matrix comes from renewable energy sources. This demonstrates the need for an infrastructure that is increasingly suitable for large-scale projects in the country.

With the MME's new investment plan for energy transmission lines, the renewable sector is becoming increasingly larger in the Brazilian market.

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