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Good News for Minas Gerais – the oil company Shell registered the license for the photovoltaic plants – Aquarii I, II and III – in the municipality of Brasilândia de Minas. Together, the three projects will have a solar capacity of 150 MW. Amid the Collapse of Oil Costs, Shell Reduced $5 Billion in Investments and Suspended Stock Buybacks
The three plants are Shell’s first renewable energy project in Brazil.
Gabriela Oliveira, manager of New Energies at the company, confirmed in the second half of 2019 Shell’s interest in seeking free consumers for the development of photovoltaic energy projects in Brazil.
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Fired during apartheid and with a little borrowed money, an electrician started with a borrowed truck and transformed electrical services into a group connected to energy, real estate, and infrastructure in South Africa.
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Wood has ceased to be just a construction material in Yale research and has become insulation for electrical transformers that face intense heat, aging, and increasing pressure from the renewable energy-powered grid.
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More than 1,000 residents of a remote island in Kiribati now have clean water and electricity with solar systems operated by the community itself.
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Ceará brings together 7 giants and R$ 66 billion to transform Pecém into the largest green hydrogen hub in Brazil, with final decisions expected by the end of 2026.
“Here in Brazil, we are very focused on the solar energy segment, also because the wind segment has already been well developed. The solar energy segment is more beginner in terms of new players entering,” said Gabriela.
Investments
About three billion dollars will be invested annually in renewable energy projects by the oil company globally.
Despite wanting to expand investments starting next year, Shell plans to invest between $1 billion and $2 billion by 2030.
To remain competitive, the company committed to achieving carbon neutrality by 2050, matching the commitment made by BP.
“Society’s expectations have rapidly changed in the debate over climate change. Shell now needs to go further in its own ambitions: that’s why we expect to achieve neutrality in the energy market by 2050 or sooner. Society and our consumers expect nothing less,” stated the CEO of the company, Ben van Beurden, in a statement.
by- epbr
Neoenergia Receives Boost for Construction of Wind Energy Complex in Brazil’s Northeast
Iberdrola, through its Brazilian subsidiary Neoenergia, received a boost in the development of its mega wind energy complex in Oitis, in Northeast Brazil.
The Oitis complex will be located between the states of Piauí and Bahia, and its full commissioning is scheduled for mid-2022. Composed of 12 parks, the new enterprise will have a total installed capacity of 566.5 MW, making it the largest onshore wind project of Neoenergia in Latin America and the second in the world.
