BNDES Informed That It Raised R$ 100 Million Last Friday (18) with the Japan Bank for International Cooperation (JBIC) to Invest in Wind Energy on National Soil
The funds raised will boost support for the wind turbines of 12 wind farms in Bahia and Pernambuco. Together, they have a total installed capacity of 331.85 MW and investments exceeding R$ 2 billion.
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More Than 700 Households Will Have Access to Wind Energy
It is estimated that more than 737 thousand Brazilian households will receive clean and renewable wind energy generated by the projects.
“With this operation, BNDES continues the strategy to diversify funding sources and attract resources that promote sustainable projects in Brazil,” says the Finance Director, Bianca Nasser.
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Advancement in renewable energy: A R$ 150 million project launched by Petrobras and Finep aims to create state-of-the-art electrolyzers for green hydrogen, strengthening national research and preparing Brazil to compete in a billion-dollar energy market.
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Illiterate or semi-literate grandmothers were trained to repair solar systems, open rural workshops, and light up homes that still depended on kerosene.
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The world has bet on green hydrogen as the fuel of the future, but now faces the side effect: producing 1 kilogram requires about 9 liters of ultrapure water, and the largest projects on the planet are precisely in the driest regions of the Earth, where water is already scarce for people.
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Africa has about 500,000 cell towers and most still burn diesel to operate, while companies rush to cover antennas with solar energy and avoid signal blackouts.
The proceeds from the BNDES operation were disbursed in a single installment and originate from an external loan contract. The term is 12 years and is co-financed by Mizuho Bank Ltd and The Bank of Saga Ltd. This is the fifth operation conducted with JBIC under the Green Line (Global Action to Reconcile Economic Growth and Environmental Preservation).
Support for Renewable Energy
The Green Line aims to support projects that favor global environmental preservation. The main objective is to reduce greenhouse gas emissions and generate energy from renewable sources.
Previous collaborations with JBIC and BNDES for this line were signed in 2011, 2014, and in March and December 2015. Biomass cogeneration energy projects and wind farms were supported. With the new financing, the total resources of the Green Line amount to 950 million dollars.
JBIC is a financial institution fully controlled by the Japanese government, and its role is to support the stable and sustainable development of foreign countries. Additionally, it is essential to implement the economic cooperation policy of the Japanese government. Thus, it promotes the strengthening of economic relations between Japan and the international community.

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