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Investment in energy in SP: opportunities in the energy sector

Written by Bruno Teles
Published 19/05/2023 às 08:08
energy transition
photo: solar panels

The São Paulo government has launched an energy investment plan that is attracting attention from the private sector. With planned investments of BRL 16,8 billion, the first phase of the Energy and Economy Plan (PEE) has 21 projects focused on energy transition, technological innovation and sustainability.

The government's objective is to attract the interest of the private sector in projects such as the reduction of pollutants and the energy transition, stimulating economic development and guaranteeing the generation of direct jobs.

The PEE is divided into five “structural axes”: Infrastructure, Environment and Social, Technology, Regulation, and Market. In this first phase, 12 priority areas for investment were selected and the projects already under development are aligned with these areas.

InvestSP, the agency responsible for promoting the investment in the state of São Paulo, disclosed that the expectation is to generate 4.519 direct jobs with the execution of these projects. And this is just the beginning, as the second phase of the PEE will further expand the number of priority areas and ongoing projects.

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São Paulo focusing on energy transition

The energy sector is one of the main areas where the São Paulo government is focusing its efforts to encourage private investment. The PEE aims to make the state of São Paulo a reference in clean and renewable energy, reducing dependence on fossil fuels and contributing to the energy transition.

Allied to this, the state is also moving towards the diversification of its energy sources. This can be seen in investments in solar energy, wind and biofuel, which are clean and renewable energy sources that can play a fundamental role in reducing the emission of polluting gases.

In a world that is increasingly aware of the need to invest in clean energy, these investments in São Paulo can become a reference for other Brazilian states, opening up new investment opportunities in the energy sector.

Tecnologic innovation

Another important way to energy sector is in technological innovation. São Paulo has led the country's economic growth, and the region has proven to be a hub of innovation. By investing in state-of-the-art technologies, it is possible to make the energy sector more efficient, helping to meet the growing demand for energy.

Companies that bet on technological solutions will find unique opportunities in São Paulo. With so many projects underway, technology companies focused on energy will have the chance to develop integrated solutions for different areas, from generation to energy distribution, including the development of sustainable solutions and equipment.

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Bruno Teles

I talk about technology, innovation, oil and gas. I update daily about opportunities in the Brazilian market. With more than 3.000 articles published in CPG. Agenda suggestion? Send it to brunotelesredator@gmail.com

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