EDP, a maior investidora portuguesa no Brasil, vai triplicar seus recursos em energia solar no país

EDP, The Largest Portuguese Investor in Brazil, Will Triple Its Resources in Solar Energy in the Country

Written by Flavia Marinho

Published on 25/09/2020 at 17:49

Updated on 25/09/2020 at 19:21

Geração de energia solar, EDP quer manter uma atitude pioneira e de inovação em mais áreas que vão ganhar muito espaço no Brasil

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Solar Energy Generation, EDP Aims to Maintain a Pioneering and Innovative Attitude in More Areas That Will Gain Significant Ground in Brazil

The Portuguese EDP, through EDP Smart, will triple its investments in solar energy in Brazil, increasing from the current R$ 100 million to R$ 300 million annually. The company already has 29 MWp of installed capacity in the country and 59 MWp in sold projects. The Roof Tile That Generates Solar Energy from Eternit is Approved by Inmetro and Can Be Sold in Brazil

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“If there is a place in the world with potential for solar energy growth, that place is Brazil. We have an unmatched competitive advantage,” said Carlos Andrade, Vice President of Strategy and Business Development at EDP.

“We will also invest in centralized generation. However, we are not interested in providing energy for the entire system, but rather for the end customer, such as commerce, industry, and together with EDP Renováveis,” Andrade commented.

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For the B2B (Business-to-Business) segment, the company seeks long-term contracts, between 10 and 15 years. “It is important to establish a long-term relationship with our clients,” explained the executive.

According to Rodrigo Sauaia, CEO of ABSOLAR (Brazilian Solar Photovoltaic Energy Association), the technology for producing energy through solar irradiation conversion is a “revolution” that cannot be reversed.

Currently, Brazil has 6.4 GW of installed solar energy capacity, accumulating over R$ 33.1 billion in investments and generating more than 190,000 jobs.

According to ABSOLAR, the country ranks 16th in the world for solar energy usage.

Expectations for EDP Renováveis

EDP believes that, after the peak and worst moment of COVID-19, Brazil will be able to resume its growth trajectory. It is a resilient economy, with immense resources and great capacity for recovery.

“Therefore, we continue to have long-term plans for the country, with consistent investments in Distribution, aiming to continuously improve our service, and completing our transmission lots within the agreed costs and deadlines, maintaining the excellence for which EDP has become recognized in the country. We have been working to increase our presence also in the B2C segment, consolidating EDP Smart and the entire range of services offered in solar generation, energy efficiency, and electric mobility,” says the president of EDP Brazil.

In Brazil, EDP is also a reference in areas such as Innovation, Governance, and Sustainability, having been for 14 consecutive years in the Corporate Sustainability Index (ISE) of B3. One of EDP’s most recent and emblematic initiatives in this field was to undertake with the United Nations (UN) the commitment to ensure that, by 2030, 100% of the energy generated by the Company in Brazil will be from renewable sources.

EDP also subscribes to a series of national and international initiatives related to sustainability, particularly the UN Global Compact; the Brazilian GHG Protocol Program, a business initiative for greenhouse gas accounting; and the Carbon Disclosure Project (CDP), related to climate change.

EDP, The Largest Portuguese Investor in Brazil, Will Triple Its Resources in Solar Energy in the Country

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Expectations for EDP Renováveis

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EDP, The Largest Portuguese Investor in Brazil, Will Triple Its Resources in Solar Energy in the Country

Solar Energy Generation, EDP Aims to Maintain a Pioneering and Innovative Attitude in More Areas That Will Gain Significant Ground in Brazil

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Archaeologists find in Mexico a sacrifice altar over 1,000 years old, surrounded by skulls, human bones, and signs of rituals from the Toltec Empire.

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Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

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