This week’s topics: With the water crisis, startups see growth of solar energy opportunities in Brazil. Nubank in the spotlight after giving mega pop star a board seat. And TikTok at the center of a generational battle.
Solar energy creates opportunity for startups
With water reservoirs approaching their lowest levels on record, Brazil is already feeling the first effects of an energy crisis, with utility bills becoming more expensive until November, at least. Amid the uncertainty, solar power presents itself as a cheaper and cleaner alternative, and multiple startups are looking to take advantage of the burgeoning market.