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Agreement Strengthens Strategic Partnership and Reinforces Dow’s Decarbonization Goals in Brazil, with Supply from Atlas Renewable Energy’s Casablanca Solar Complex in Minas Gerais.
Atlas Renewable Energy announced last Wednesday, (16), a new clean energy supply contract with Dow, a multinational company in the chemical sector, reinforcing a strategic alliance that aims to accelerate the energy transition in Brazil. The agreement ensures the supply of renewable energy from the Casablanca Solar Complex, located in Pirapora (MG), with an installed capacity of 358 MWp, to power Dow’s operations in the industrial hub of Aratu, in Bahia.
This long-term contract aligns with Dow’s global decarbonization strategy, which, starting in early 2025, will power all nine of its operational units in Brazil with 100% renewable electricity.
According to Vinícius Sambuc, Dow’s Energy Commercial Manager in the country, the initiative directly contributes to reducing greenhouse gas (GHG) emissions and strengthens cost predictability.
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“Long-term power purchase agreements are part of Dow’s decarbonization strategy. By transforming how we produce and consume energy, we can significantly reduce greenhouse gas emissions. In addition, they enable energy diversification in Brazil and price predictability throughout the term of the agreements,” he emphasized.
Solid Partnership Since 2020
The partnership between Atlas Renewable Energy and Dow began in 2020, with a solar energy supply contract from the Jacarandá photovoltaic plant, also in Bahia, with an installed capacity of 187 MWp and a duration of 15 years.
The new phase of this relationship reinforces trust between the companies and their mutual commitment to sustainability.
Fábio Bortoluzo, Director of Atlas Renewable Energy, highlighted that this partnership model is a practical example of how large corporations can collaborate to accelerate the adoption of a cleaner energy matrix.
“Our relationship with Dow is an example of how companies can work together to accelerate the transition to a cleaner and more efficient energy matrix.”
Renewable Energy as a Driver of Transformation
Globally, energy accounts for about 50% of GHG emissions in Dow’s operations. Therefore, investment in clean sources has become a fundamental pillar on the journey towards carbon neutrality.
The contract with Atlas Renewable Energy represents not only a sustainable alternative but also an economically efficient solution to ensure long-term stability.
In addition to Dow, Atlas has also entered into relevant agreements with other large companies.
A recent example is the self-production contract signed with V.tal, a telecommunications infrastructure company, with part of the energy allocated to data centers and participation in 11 self-production consortia.
Who is Atlas Renewable Energy?
Founded in 2017, Atlas Renewable Energy is now the largest independent power producer (IPP) of renewable energy in Latin America, with a strong presence in the solar and wind markets.
With over 2.7 GW of operational capacity and about 6 GW under development, the company has established itself as one of the global leaders in the clean energy sector.
Initially supported by the British group Actis, Atlas continues to expand its operations focusing on personalized solutions for large consumers, like Dow, seeking to reduce their environmental impact and ensure long-term energy security.
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