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Banco do Brasil Becomes the First Brazilian Bank to Have a Solar Power Plant, Aiming to Build Six More by 2021

Written by Valdemar Medeiros
Published on 16/03/2020 at 10:21
Usina de energia solar em minas gerais
Banco do Brasil inaugura usina de energia solar
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The Solar Power Plant Was Inaugurated Last Thursday (12) in Porteirinha, Northern Minas Gerais by Banco do Brasil (BB)

The first Brazilian banking institution to have a solar power plant is Banco do Brasil (BB), and this could generate over 80 million in 12 years for the national territory.

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More Than 19,000 Solar Panels

According to the project CEO of Banco do Brasil, the project was tendered and constructed by the solar energy company EDP, the site where Banco do Brasil’s solar power plant has about 19,000 solar panels. This would be equivalent to supplying a plantation with over 7,000 trees.

Future Project for 6 New Solar Power Plants by 2021

Banco do Brasil (BB) stated that this is just the beginning, and by the year 2021, Brazil will have more than 6 new solar power plants, with these new projects located in Pará, Ceará, Bahia, Goiás, and the Federal District.

All the energy produced enters the system of the energy company of Minas Gerais (Cemig) so that the energy used will be returned as credit on Banco do Brasil’s (BB) electricity bill.

Sustainability for the National Territory with Banco do Brasil (BB)

This entire solar energy project and the creation of its first solar power plant are part of the sustainability project created in 2004, which is reviewed every 2 years. Banco do Brasil (BB) is listed among the largest companies with sustainability practices on the London Stock Exchange.

Valdemar Medeiros

Graduated in Journalism and Marketing, he is the author of over 20,000 articles that have reached millions of readers in Brazil and abroad. He has written for brands and media outlets such as 99, Natura, O Boticário, CPG – Click Petróleo e Gás, Agência Raccon, among others. A specialist in the Automotive Industry, Technology, Careers (employability and courses), Economy, and other topics. For contact and editorial suggestions: valdemarmedeiros4@gmail.com. We do not accept resumes!

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