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Development director Saulo Nacif told a gathering of ethanol investors in Sao Paulo that the company, known locally as General Electric do Brasil, was interested in selling energy made from sugarcane bagasse, the leaf waste of sugarcane stalks.
Nacif didn't give further details or estimates on the company's potential renewable energy investments.
Brazil is the world's No. 1 producer of sugarcane. Bagasse is often used as a fuel source for cane mills, with energy to spare. The extra energy can be sold at a profit to the national consumer electricity grid.
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