State Grid, a Chinese state-owned company, announces an investment of R$200 billion in an important sector in Brazil. The revelation was recently made by Jin Wei, vice president of State Grid, during a meeting in Brasília with the Minister of Mines and Energy, Alexandre Silveira.

According to Jin Wei, State Grid will allocate a significant part of the resources to solar, wind and hydroelectric energy projects. These investments are strategic to reduce dependence on fossil sources and contribute to a more sustainable and clean future.

The injection of R$200 billion into the economy is expected to generate thousands of direct and indirect jobs, both in the construction and maintenance of infrastructure and in the operation of new plants and mining projects. It further strengthens the strategic partnership between Brazil and China.

According to Minister Alexandre Silveira, collaboration between the two countries is fundamental for Brazil's sustainable and technological development.

(Source: CPG Click Oil and gas, on July 15)