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ARCELORMITTAL Delivers Solar Mega Project Ahead of Schedule with ATLAS ENERGY and Accelerates Renewable Energy Investments in Brazil.
ARCELORMITTAL and ATLAS ENERGY Deliver Ahead-of-Schedule Mega Solar Park and Strengthen Investments in Brazil
Brazil has just witnessed the advancement of one of the largest solar energy projects ever built in the country. This is because ARCELORMITTAL and ATLAS ENERGY completed, 90 days ahead of schedule, the B side of the Luiz Carlos Solar Park in Paracatu (MG), after investments of R$ 895 million.
Additionally, the plant, which will be fully operational in December 2025, represents the first solar unit of the steelmaker in Brazil and strengthens its strategy for energy self-sufficiency.
At the same time, the project responds to the company’s growing commitment to reducing costs, enhancing competitiveness, and accelerating the transition to renewable sources.
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Thus, with the early delivery, the project becomes central to ARCELORMITTAL’s expansion in self-generated energy, reinforcing the importance of solar energy within the investments in energy infrastructure in the country.
First Solar Park of ARCELORMITTAL in Brazil Drives Decarbonization
The Luiz Carlos Solar Park has 315 MWp of installed capacity and an estimated annual generation of 74 MW average, sufficient to supply a significant portion of the company’s industrial operations.
According to Everton Negresiolo, CEO of ArcelorMittal Long Steel LATAM:
“All the energy generated by the plant will be allocated to our operations. This is yet another important move that will diversify our energy matrix, reduce operational costs, and contribute to increasing competitiveness.”
Thus, ARCELORMITTAL advances in its corporate goal to operate with 100% of its electricity coming from renewable sources in Brazil by 2030.
BOT Model Ensures Agile Construction and Full Transfer to ARCELORMITTAL
The partnership between ARCELORMITTAL and ATLAS ENERGY was structured under the BOT model — Build, Operate and Transfer.
In this format, the two companies worked together during construction. After the start of commercial operations, all capital will be transferred to ARCELORMITTAL, which will fully take over the park starting in December 2025.
The president of ATLAS ENERGY in Brazil, Fábio Bortoluzo, highlighted:
“The partnership with ArcelorMittal highlights Atlas’s ability to deeply understand customer needs and design tailored solutions that meet them, ensuring timely delivery. The trust placed in us comes precisely from our history of excellence in execution.”
He also emphasized the importance of stability in national supply:
“It is essential for government and industry to work effectively to address cuts, ensuring that investments in successful projects and partnerships like these can continue in Brazil.”
Advanced Technology Accelerates Assembly and Increases Operational Efficiency
In addition to the high installed capacity, the park stands out for using 516 thousand bifacial solar modules, which capture light from both sides, enhancing energy yield.
The project also utilized trackers, systems that follow the sun’s movement to increase production efficiency.
Another differentiator was the full adoption of the Trunk Cable system, a pre-assembled cabling technology that:
- reduces installation time,
- increases the reliability of connections,
- enhances safety,
- and ensures a more efficient organization of the park’s electrical network.
This method replaces traditional manual installations and accelerates large-scale projects, such as the Luiz Carlos Solar Park.
Investments Advance and Strengthen Energy Transition in Brazil
The mega solar park is part of ARCELORMITTAL’s plan for R$ 5.8 billion in investments aimed exclusively at expanding renewable energy in Brazil.
Today, the company operates with:
- 61% of self-generated energy,
- 39% purchased from suppliers with a clean matrix,
- units such as Tubarão (ES) and Pecém (CE) self-sufficient in electric energy thanks to internal energy recovery systems.
As a result, the early completion of the Paracatu park allows ARCELORMITTAL to increase its energy autonomy and, at the same time, reinforces the role of solar energy as the main focus of industrial investments in renewables in the country.
ARCELORMITTAL and ATLAS ENERGY Consolidate Their Leading Role in Brazilian Solar Expansion
Thus, the early delivery of the Luiz Carlos Solar Park confirms the technical capability of both companies and the consistent advancement of the solar energy sector in Brazil.
Moreover, with billion-dollar investments, cutting-edge technology, and aggressive environmental goals, ARCELORMITTAL consolidates, increasingly, its position among the leaders of the national energy transition.
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