At the sanction event, private sector commitments totaling around R$21 billion were announced, including biorrefinery development and expansion of feedstock plantations such as macauba, especially significant for SAF production. The Acelen Renováveis project highlights this trajectory with a R$3 billion investment to build a macauba-based biorrefinery, projected to produce one billion liters of SAF annually by 2028 and generate 85,000 jobs. The Novo PAC complements these efforts with R$30.5 billion earmarked for 22 projects in low-carbon fuels, encompassing biometane plants and second-generation ethanol facilities.
The Eco Invest program further supports transition energy projects by financing over R$14 billion in 2025, including SAF and biorefineries, while introducing financial innovations like currency hedging to attract foreign capital. Petrobras’ 2026-2030 business plan aligns with this national agenda, blending ongoing oil and gas operations with expansions into bioproducts and biocombustibles to reinforce the energy transition. Brazil’s integrated policy matrix positions it strategically to expand its biofuel leadership amid increasing global regulatory pressure for sustainable energy and decarbonization in transport and agroindustry sectors.
This article was curated and published as part of our South American energy market coverage.
