Engie Brazil Will Invest 6 Billion in the Brazilian Renewable Energy Market

Written by Valdemar Medeiros

Published on 14/02/2021 at 09:28

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With Investments, Engie Brazil Generates and Commercializes Renewable Energy Through the Deployment and Operation of Many Brazilian Plants.

Engie Brazil will invest over R$ 3 billion throughout 2021, focusing mainly on the renewable energy and infrastructure sectors. By 2023, Engie Brazil’s investment plan in the country is expected to reach R$ 6 billion, a proportion that may vary depending on the selection of new projects. “These values may include new transmission lines, gas pipelines, and wind and solar energy projects, for example,” said the president of Engie Brazil, Eduardo Sattamini, regarding future investments in renewable energy.

Engie Brazil Is Very Interested in the Renewable Energy Market

Engie Brazil, which is controlled by Engie France, is also very interested in hydropower generation projects, such as the bidding for the Foz de Areia plant operated by Copel in Paraná. The hydropower plant is expected to have its control privatized for the extension of the authorization contract, which currently ends in 2023.

Even with good prospects for this year, Engie Brazil is concerned about the potential impacts that a drought scenario in 2021 may bring to the energy sector.

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The Renewable Energy Sector May Account for 45% of the Brazilian Matrix by 2021

According to the PDE, created by the Energy Research Company, the renewable energy sector is expected to represent 45% of the energy matrix by 2021. EPE forecasts a growth of more than 5% per year to increase the participation of renewable energy, which is currently over 40%. By December of last year, Brazil ranked 3rd as one of the most attractive countries for investment in the deployment of renewable energy sources. The index conducted by BNEF evaluates investment conditions for clean energy, and Brazil is the largest clean energy market in Latin America.

Engie Brazil Will Invest 6 Billion in the Brazilian Renewable Energy Market

With Investments, Engie Brazil Generates and Commercializes Renewable Energy Through the Deployment and Operation of Many Brazilian Plants.

Read More News

Engie Brazil Is Very Interested in the Renewable Energy Market

The Renewable Energy Sector May Account for 45% of the Brazilian Matrix by 2021

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Engie Brazil Will Invest 6 Billion in the Brazilian Renewable Energy Market

With Investments, Engie Brazil Generates and Commercializes Renewable Energy Through the Deployment and Operation of Many Brazilian Plants.

Read More News

Engie Brazil Is Very Interested in the Renewable Energy Market

The Renewable Energy Sector May Account for 45% of the Brazilian Matrix by 2021

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

China has deployed snake-shaped robots to slide along power lines, where they have already inspected over 130 kilometers of cables using cameras and sensors to detect damaged wires, worn-out parts, and overheating.

Astronomers discover black hole wind traveling at 323 million km/h, a speed equivalent to 30% of the speed of light and considered a record.

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American company created ultra-low carbon concrete blocks that replace up to 50% of cement with recycled industrial waste and are already being shipped from the factory to real construction projects in the USA.

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