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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Solar-powered ice factory in the Amazon that eliminated a 5-hour trip to Manaus, prevents the loss of up to two-thirds of the fish, and now ensures income for more than 30 riverside families.
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Every time a river flows into the sea, an amount of energy equivalent to a 120-meter waterfall is silently wasted, but Japan has just inaugurated the world’s first power plant that captures this waste and transforms it into electricity 24 hours a day without sun, wind, or fuel.
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Silicon Valley bets on a 100-hour battery that uses carbon and oxygen to store renewable energy for days and could turn a little-known chemical system into an alternative to critical metal batteries to tackle prolonged blackouts.
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Fortescue announces a radical shift by replacing diesel with a system featuring 1.2 GW of solar energy, 600 MW of wind energy, and up to 5 GWh in batteries, a giant project that could save $100 million per year and transform heavy mining into one of the largest 100% renewable operations in the world by 2028.
“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.

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