Government announces agreements with Chinese companies linked to the energy sector

O Federal Government announced a series of agreements linked to the energy area between Brazilian companies and institutions with companies from China. The agreements are some of the results of President Luiz Inácio Lula da Silva's third visit to Brazil's main trading partner, which took place on April 13th and 14th.

Lula if met with the president of the Chinese state-owned company State Grid, Zhang Zhigang, in Beijing. The president highlighted the importance of Chinese investments for Brazil, mainly in the area of renewable energy and expansion of the transmission network through the integration of wind and solar generation projects.

“We don't want to be salespeople for companies. We want to build whatever Brazil needs through partnerships”, said the president.

The Ministry of Mines and Energy and the Chinese company SPIC signed an agreement with the objective of carrying out feasibility studies for the construction and operation of small solar energy plants, complemented by mini wind turbines, batteries and water purifiers, in remote areas of the Amazon rainforest, with focus on isolated communities.

ApexBrasil and Venture Cup China formalize a partnership to support Brazilian startups to develop businesses in China, as well as jointly organizing the innovation week, which will focus on solutions linked to the green and low-carbon economy, sustainability applied to agribusiness and to digitalization.

The Government of Ceará signed two agreements in the energy area: the first with Mingyang Smart Energy Group for the investment and implementation of the technology and repair center for wind turbines in the State; the second with SPIC to carry out feasibility studies for projects in the production of onshore and offshore wind energy, solar, blue and green hydrogen and fuels within the Pecém Industrial and Port Complex.

See now the agreements between the Brazilian private sector and Chinese companies

Eletrobras Furnas and State Grid will come together to develop a project to revitalize an electrical power transmission line from the Itaipu hydroelectric plant. The Chinese company operates in Brazil with 19 transmission lines in 14 states.

Prumo Logística and SPIC signed a Memorandum of Understanding to carry out studies to assess the financial and technical viability of renewable energy projects (offshore wind, solar, blue and green hydrogen) at Porto do Açu, in Rio de Janeiro.

Seara announces the acquisition of 280 electric trucks from JAC Motors. The purchase will be made by No Carbon, a JBS Novos Negócios company, for local distribution in Brazil. Each electric vehicle will avoid the annual release of around 30 tons of CO2.

Vale signed an agreement with Baoshan Iron & Steel (a Baowu group company) for the production of biochar and its applications, aiming for decarbonization solutions in the steel industry;

Motrice Energy Solutions and China Gansu International Corporation for Economic and Technical Cooperation Co., ltd. (CGICO) signed a memorandum in the area of renewable energy, focusing on the import and execution of services and investments.

Sete Partners and Sinotec enter into a partnership in the areas of renewable energy, agriculture and other sectors.

In 2022, China imported more than US$ 89.7 billion in Brazilian products, especially soybeans and ores, and exported almost US$ 60.7 billion to the national market. The volume sold, US$ 150.4 billion, has grown 21 times since Lula's first visit to the country, in 2004.