Weekly renewables M&A round-up (Dec 2-6)
Dec 06, 2019 15:48 CESTNovember 12 (Renewables Now) - Brazil's Centre-South ethanol producers sold 2.11 billion litres (755.53 million gallons) of hydrous ethanol in October for a new monthly record, local sugarcane industry association Unica said on Monday.
Hydrous ethanol sales went up 3.88% and about 1.11 billion of the total volume was sold in the last 15 days of October alone. Anhydrous ethanol sales reached 393.98 million litres in the last two weeks of the month.
The growth is once again attributed to the maintenance of the biofuel's competitiveness against gasoline in most of the market, the national agency stated.
Overall, local producers sold 3.08 billion combined. From this amount, 2.86 billion litres in the domestic market while the remaining 227.59 million litres were exported.
Production of hydrous and anhydrous ethanol since the beginning of the harvest up until November 1 was 20.61 billion litres and 8.95 billion litres, respectively, Unica noted.
Weekly renewables M&A round-up (Dec 2-6)
Dec 06, 2019 15:48 CESTIberdrola seals EUR-690m loan with EIB at COP25
Dec 05, 2019 16:59 CESTTax committee okays bill for renewables incentives for farms in Brazil
Dec 05, 2019 9:08 CESTBrazil's Nov solar generation increases 76% y/y
Dec 05, 2019 7:53 CESTAES Tiete inks wind PPA with Anglo American for 79 MWa
Dec 03, 2019 16:41 CESTBunge, BP announce completion of bioenergy JV in Brazil
Dec 03, 2019 13:29 CEST