In 2023, Brazil significantly increased its electric capacity by 8.4 gigawatts, with wind and solar sources contributing 90.4 percent to this growth. This update comes from the Ministry of Mines and Energy MME. Key regions like Rio Grande do Norte, Minas Gerais, and Bahía led the expansion. Each state added about 2 gigawatts. This growth […]
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Brazil’s Trade Surplus Shrinks 41.6% in September 2024
Brazil’s trade surplus for September 2024 fell to $5.363 billion, marking a 41.6% decrease from the same month in 2023. The Ministry of Development, Industry, Trade, and Services (MDIC) reported this figure, which surpassed market predictions of $4.7 billion. In response, the government adjusted its 2024 trade balance projections downward. MDIC now anticipates a total […]
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