BRF and Banco do Brasil (BB) Closed a New Partnership for Future Investments in the Solar Energy Market
One of the largest multinational companies in the food sector, BRF, signed contracts with Banco do Brasil to encourage the farms that are partners of BRF to use solar energy. The coalition between BRF and Banco do Brasil will offer about R$ 200 million for the financing of solar panel installations and to implement energy improvements in BRF’s partner farms.
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In a statement on Thursday (11), BRF confirmed that the partnership with Banco do Brasil is an initiative that fits into its long-term strategy, which aims to address “sustainability transversally and permeating its entire business.” Among BRF’s objectives is to increase electricity generation from solar energy by about 50%, lasting for at least ten years.
Banco do Brasil Opened Its First Solar Power Plant
Banco do Brasil inaugurated its first solar power plant last year, in the distributed generation modality. The solar power plant was built by EDPP, a company that operates in all segments of the electric sector; the plant is located in Minas Gerais, in the municipality of Porteirinha. With an installed capacity of 5 megawatts, the plant supplies energy to several Banco do Brasil branches in the state of Minas. The solar power plant consists of more than 18,000 solar panels, with a generation capacity of 14 GWh per year. The project aims to reduce energy costs for Banco do Brasil branches in the state by more than 50%, while also reducing carbon dioxide emissions from the atmosphere, equivalent to the planting of about seven thousand trees.
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Advancement in renewable energy: A R$ 150 million project launched by Petrobras and Finep aims to create state-of-the-art electrolyzers for green hydrogen, strengthening national research and preparing Brazil to compete in a billion-dollar energy market.
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Illiterate or semi-literate grandmothers were trained to repair solar systems, open rural workshops, and light up homes that still depended on kerosene.
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The world has bet on green hydrogen as the fuel of the future, but now faces the side effect: producing 1 kilogram requires about 9 liters of ultrapure water, and the largest projects on the planet are precisely in the driest regions of the Earth, where water is already scarce for people.
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Africa has about 500,000 cell towers and most still burn diesel to operate, while companies rush to cover antennas with solar energy and avoid signal blackouts.

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