English 
Spanish 
2 min read
With the investments, Engie Brasil generates and sells renewable energy, through the implementation and operation of many Brazilian power plants.
Engie Brasil will invest more than BRL 3 billion throughout 2021, focusing mainly on the renewable energy and infrastructure sectors. By the year 2023, Engie Brasil's investment plan in the country should reach the R$ 6 billion mark, a proportion that may vary depending on the selection of new projects. “Within these values may be new transmission lines, gas pipelines and wind and solar energy projects, for example”, said the president of Engie Brasil, Eduardo Sattamini, about future investments in renewable energy.
Read more news
Engie Brasil is very interested in the renewable energy market
Engie Brasil, which is controlled by Engie French, is also very interested in hydroelectric generation projects, as is the case with the tender for the Foz de Areia plant, operated by Copel, in Paraná. The hydroelectric plant must have privatized control for the extension of the authorization contract, which will currently expire in 2023.
Even with the good prospects for this year, Engie Brasil is concerned about the possible impacts that the drought scenario in 2021 may bring to the energy sector.
- China leads in renewable energy, but breaks record in coal consumption and THREATENS FUTURE of global climate
- The BIG revolution: How the transatlantic power cable between Europe and America could transform the future of renewable energy and reduce prices globally
- North and Northeast Brazil: The revolution in renewable energy distribution that could transform the global sustainable future by 2029
- Startup develops mini wind turbine that produces up to 3x more than conventional turbines, has a capacity of 1 kW and is completely safe!
Renewable energy sector may account for 45% of the Brazilian matrix by 2021
According to the PDE, carried out by the Energy Research Company, the renewable energy source sector should represent 45% of the energy matrix in 2021. The EPE foresees a growth of more than 5% per year, to increase the share of renewable energy , which today is more than 40%. Until the month of December of last year, Brazil was in the 3rd position, as one of the most attractive countries for investment in the implementation of renewable energy sources. The index carried out by BNEF evaluates investment conditions for clean energy, and Brazil is the largest clean energy market in Latin America.
