Acelen Renewables / Acelen Renováveis, a Mubadala Capital company, has announced a US$ 3 billion project to plant 180,000 hectares of macaúba and produce 1 billion liters per year of Sustainable Aviation Fuel (SAF) and Hydrotreated Vegetable Oil (HVO) in Bahia.
🔍 To ensure the economic viability of the model with partner farmers, the company relied on a study by FGV Europe.
According to the study, to be profitable, the producer needs to cultivate at least 10 hectares of macaúba. The annual income from production on 10 hectares is estimated at the equivalent of 44 minimum wages per year, or about R$ 5,000 per month, says Cleber Guarany, Associate Director at FGV Europe. “From the 14th year onwards, earnings rise to 60 minimum wages per year. This is an attractive profitability, considering that the average income of family farmers in Bahia is R$ 1,200 per month and in Minas Gerais is R$ 1,800,” says Guarany.
The first phase is already underway, with the selection of 10 families of small and medium-sized farmers in degraded pasture areas in northern Minas Gerais. Farmers will receive seedlings, training, technical support, and a guaranteed purchase of their production by Acelen.
💡 The project combines innovation, productive inclusion, and sustainability, strengthening regional development and the energy transition in Brazil.
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