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

Written by Valdemar Medeiros

Published on 14/02/2021 at 09:28

torres de energia eólica

Be the first to react!

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.

ARTICLE CONTINUES BELOW

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

Mayor orders wireless network turned off in municipal schools due to fear of electromagnetic radiation in children, replaces connection with Ethernet cables, and transforms small Italian city into a symbol of technological panic.

Goodbye traditional washing machine: Xiaomi surprises and launches an ultra-slim version with 27 programs, 3D water flow, steam sterilization, app control, enlarged drum, and a silent system with double suspension

An entire country within the mountains is selling water to Africa’s largest economy: Lesotho builds dams, tunnels, and bridges at an altitude of 2,000 meters to send more than 1.27 billion m³ per year to Johannesburg

Toyota ends the Diesel era: new Hilux with up to 380 km of urban range brings 196 hp, 59.2 kWh battery, 4×4 traction and 715 kg of load capacity

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

Magalu has a clearance sale on JBL Boombox 4 with 210W of power, 34-hour battery, and 3-way system.

To try to save a famous tourist beach from being swallowed by the ocean, India will dredge 250,000 cubic meters of sediments from the seabed every year and pump sand through pipelines to rebuild the coast of Visakhapatnam.

Pigment more expensive than gold appears in Roman coffins in England: archaeologists find Tyrian purple in 1,700-year-old funerary textiles and reveal imperial luxury buried in York under chemical traces invisible to the human eye

Belgium will sink 23 giant concrete caissons, each weighing 22,000 tons, in the North Sea to build the world’s first artificial energy island 45 km off the coast, forming offshore electrical walls.

The Pacific seafloor is breaking apart near Canada, and the silently cracking plate may reveal deep secrets about tsunamis, earthquakes, and methane hidden in the ocean.

In Sudan, expensive fuel, queues, and blackouts were stifling drivers, but an engineer created electric tricycles, and some owners even started operating with solar panels on the roof, reducing costs and helping workers to even double their daily income.

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

Mayor orders wireless network turned off in municipal schools due to fear of electromagnetic radiation in children, replaces connection with Ethernet cables, and transforms small Italian city into a symbol of technological panic.

Goodbye traditional washing machine: Xiaomi surprises and launches an ultra-slim version with 27 programs, 3D water flow, steam sterilization, app control, enlarged drum, and a silent system with double suspension

An entire country within the mountains is selling water to Africa’s largest economy: Lesotho builds dams, tunnels, and bridges at an altitude of 2,000 meters to send more than 1.27 billion m³ per year to Johannesburg

Toyota ends the Diesel era: new Hilux with up to 380 km of urban range brings 196 hp, 59.2 kWh battery, 4×4 traction and 715 kg of load capacity

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

Magalu has a clearance sale on JBL Boombox 4 with 210W of power, 34-hour battery, and 3-way system.

China is building 5 cascade dams for $167 billion in Tibet — and the Motuo Project will have 70 GW of capacity, three times more than the world’s current largest power plant.

993 schools and 217 healthcare facilities in the Amazon still lack electricity — while Brazil entered the world Top 4 in renewable installations in 2024.

Advance in Brazilian science: Brazilian researchers reveal surprising method that transforms carbon dioxide into clean energy with sunlight and could reduce part of the pollution responsible for global climate change.

Renewable energy sources are gaining global prominence by driving the energy transition and reducing environmental impacts in the face of advancing climate change.

In 2026, a container ship on the Oslo-Hamburg route will abandon diesel and use fertilizer as fuel: the Yara Eyde ushers in the era of green ammonia in maritime transport.

To try to save a famous tourist beach from being swallowed by the ocean, India will dredge 250,000 cubic meters of sediments from the seabed every year and pump sand through pipelines to rebuild the coast of Visakhapatnam.

Pigment more expensive than gold appears in Roman coffins in England: archaeologists find Tyrian purple in 1,700-year-old funerary textiles and reveal imperial luxury buried in York under chemical traces invisible to the human eye

Belgium will sink 23 giant concrete caissons, each weighing 22,000 tons, in the North Sea to build the world’s first artificial energy island 45 km off the coast, forming offshore electrical walls.

The Pacific seafloor is breaking apart near Canada, and the silently cracking plate may reveal deep secrets about tsunamis, earthquakes, and methane hidden in the ocean.

In Sudan, expensive fuel, queues, and blackouts were stifling drivers, but an engineer created electric tricycles, and some owners even started operating with solar panels on the roof, reducing costs and helping workers to even double their daily income.