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Deforestation in Brazil's Amazon falls 57% in September - Vimarsana News

Deforestation in Brazil's Amazon falls 57% in September

Deforestation in Brazil's Amazon rainforest fell 56.8% in September compared to a year earlier, government data showed on Friday, while the region is struggling with a historic drought. The total area cleared in the Amazon in the first nine months of the year fell 49.5%, according to preliminary data from Brazilian space research agency INPE. Ending illegal deforestation is a priority of President Luiz Inacio Lula da Silva's administration both internationally and domestically, after destruction in the rainforest surged under his predecessor, Jair Bolsonaro.

Source: yahoo.com
Energy exchange to launch in Brazil, aims to boost power trading - Vimarsana News

Energy exchange to launch in Brazil, aims to boost power trading

A new platform for power deals in Brazil will launch next year, its backers announced on Tuesday, marking the first such energy exchange in Latin America's biggest economy and an attempt to boost...

Shares in Sigma Lithium drop on report of Brazil court injunction - Vimarsana News

Shares in Sigma Lithium drop on report of Brazil court injunction

Sept 28 - Shares of miner Sigma Lithium erased earlier gains to close 2% lower on Thursday, after Reuters reported on a Brazilian court injunction halting the sale or mining of two...

Brazil's Neoenergia, Comerc to invest $99 mln in solar power generation - Vimarsana News

Brazil's Neoenergia, Comerc to invest $99 mln in solar power generation

Brazilian energy trading firm Comerc and power company Neoenergia said on Wednesday they had formed a 500-million-real partnership to build dozens of solar power plants. The partnership...

Stellantis to announce $500 mln investment in Rio plant -sources - Vimarsana News

Stellantis to announce $500 mln investment in Rio plant -sources

Stellantis is expected to announce investments of up to 2.5 billion reais in its plant in Rio de Janeiro state on Friday, sources from the Brazilian city's government told Reuters. The...