Chinese investment in the Northeast region of Brazil: an analysis about the renewable energy sector
DOI:
https://doi.org/10.1108/REGE-12-2020-0147Palabras clave:
Brazil-China relationship, South-south cooperation, Renewable energy, Northeast consortiumResumen
Purpose – This paper seeks to analyze the relationship between China and the Northeast region of Brazil, aiming to identify how the renewable energy sector is being developed. Design/methodology/approach – The authors analyzed secondary data from the official databases from China-Brazil chambers of commerce to establish the main points related to renewable energy in Brazil’s Northeast. Findings – It is possible to notice the main investments, highlighting the wind energy as a more prominent source recently. The authors also point the huge influence from China on Brazil’s Northeast energy sector. Research limitations/implications – It is difficult to identify the amount of Chinese capital due to the large number of mergers and acquisitions that has been taking place in recent years. Practical implications – Identification of regions that have been receiving investments and the main interests of Chinese investors in the renewable energy sector. Social implications – Demonstration of how the renewable energy sector has taken an important turn in Brazil due to Chinese investment. Originality/value –To evaluate a regional consortium, analyzing its strategies for partnerships with China to help each other in global questions, as is the case of renewable energy.