Investment

Bahia stands out in attracting investments and in the race for energy transition

The State has 394 projects under implementation or expansion, encouraged by the Government of Bahia, with contributions of around R$ 111 billion

T&B Petroleum/Press Office
24/05/2023 17:00
Bahia stands out in attracting investments and in the race for energy transition Imagem: TN Petróleo Visualizações: 3733 (0) (0) (0) (0)

Bahia has 17 thousand industries, which generate around 394 thousand jobs and contribute with 24.2% of the Gross Domestic Product (GDP). The segment in the state presents significant numbers that should become even greater after the implementation or expansion of 401 projects encouraged by the State Government, through the Secretariat for Economic Development (SDE), which should invest around R$ 111 billion.

On May 25, Industry Day, SDE celebrates this potential and highlights the attraction of companies such as Unipar, which announced a chlorine plant in Camaçari, with an investment of R$ 120 million; BYD, which announced its intention to invest BRL 3 billion in the construction of an electric vehicle factory; Mubadala Capital, which should invest R$ 12 billion in a green diesel and green aviation kerosene factory in Acelen; and the first Brazilian plant for hydrogen and green ammonia (H₂V), built by Unigel, with an investment forecast of US$ 1.5 billion by 2027.

  "With a diversified economy, the state stands out as a strategic industrial pole. From construction, industrial services, oil derivatives, chemicals and food, Bahia is home to a real cauldron of opportunities and development potential", explains SDE secretary, Angelo Almeida, highlighting that the state is treading a path towards energy transition. "With its abundance of natural resources such as sun and wind, Bahia has established itself as a leader in the production of renewable energy. Bahia's energy transition is driven by significant investments in wind farms and solar plants, which are transforming the local energy matrix. ".

The manager points out that this change strengthens environmental sustainability, reducing greenhouse gas emissions, but also boosts economic development, generating green jobs and attracting investment. "Bahia is positioning itself as an inspiring example of how the energy transition can stimulate sustainable growth and place the state at the forefront of energy solutions for the future", he added.

Bahia ended the first quarter of 2023 as the national leader in wind energy generation, responsible for 34.2% of accumulated generation, according to the Electric Energy Trading Chamber (CCEE). The State has 272 wind farms in operation, which were responsible for an investment of more than R$34 billion and generated around 74,000 jobs throughout the production chain. The State is also one of the leaders in the generation of photovoltaic solar energy, with 47 parks in operation, 25 plants under construction and another 347 with construction to begin.

This potential should grow even more. Recently, the Northeast Development Superintendence (Sudene) approved funding for the implementation of three wind farms in the municipalities of Xique-Xique and Gentio do Ouro, in the region of Irecê. The total planned investment is BRL 702.10 million, with the participation of BRL 415.32 million from the Northeast Development Fund (FDNE). The power to be installed in the parks is 116 MW (megawatts) and the forecast is that 850 direct and indirect jobs will be generated during the implementation and operation phase.

Most Read Today
see see
BOGE2026
Smart Control Gains Prominence at Bahia Oil & Gas Energy...
09/06/26
BOGE2026
Bahia Oil & Gas Energy Concludes Historic Edition and Se...
06/06/26
Branded Content
Boaventura Energy Complex drives Brazil’s energy future ...
06/06/26
BOGE2026
Mayekawa do Brasil present at Bahia Oil & Gas Energy
06/06/26
BOGE2026
Benel Marks Presence at Bahia Oil & Gas Energy and Annou...
02/06/26
BOGE2026
Bahiagás Highlights Bahia’s Leading Role in the Energy T...
30/05/26
Investments
Petrobras Announces Investments of More Than R$ 70 Billi...
30/05/26
BOGE2026
Oil States Reinforces Commitment to Innovation and Opera...
29/05/26
BOGE2026
PetroReconcavo Discusses the Future of Oil and Gas at Ba...
29/05/26
BOGE2026
Lumina Group Makes Its Presence Felt at Bahia Oil & Gas ...
29/05/26
BOGE2026
Bahia Brings Together Industry, Innovation, and Business...
28/05/26
Royalties
Amounts related to March production for concession and t...
28/05/26
BOGE2026
Oil & Gas Expansion Boosts Demand for Industrial Waste T...
28/05/26
BOGE2026
BRAVA Energia Marks Presence at Bahia Oil & Gas Energy 2...
27/05/26
IBP
Brazil Can Expand Its Prominence as a Global Energy Supp...
27/05/26
Investments
Petrobras and Transpetro announce R$ 2.8 billion in inve...
27/05/26
International Company News
Jumbo orders a new class of versatile heavy lift vessels
27/05/26
BOGE2026
The Largest Oil and Gas Event in the North and Northeast...
25/05/26
BOGE2026
With production on the rise, independent players lead di...
25/05/26
ANP
ANP Workshop Debates Boosting Oil and Gas Exploration in...
25/05/26
BOGE2026
ANP participates in Bahia Oil & Gas Energy 2026, in Salvador
25/05/26
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.