During a state visit to Beijing, Brazilian President Luiz Inácio Lula da Silva secured a significant investment from China. The Envision Group will invest $1 billion in Brazil. This investment aims to produce sustainable aviation fuel (SAF) from sugarcane.
The agreement also includes the creation of a Research and Development (R&D) center. This center will be a partnership between Windey Technology and Senai-Cimatec. The focus will be on renewable energy development.
The collaboration seeks to foster technological advancements and talent development. It also aims to establish research and production centers in Brazil. These initiatives involve renewable energy, wind and solar power, and energy storage solutions.
This article is based on our author's analysis of materials taken from the following resources: Planalto.