Japanese company Shizen Energy invests abroad for the first time, and the focus is on Brazil

With two pilot projects in Brasília, the Japanese company sees Brazil as a promising market for investments in renewable energy

Energy generation through cleaner sources than fossil fuels has attracted the attention of foreign investors to Brazil, and this time Japan is interested.
Japan's Shizen Energy, which is investing outside Asia for the first time, is investing heavily in Brazil. The target now is photovoltaic energy.

The company already has two projects under test, in the federal capital, with a view to evaluating the behavior of the local market and from there, depending on the results, to invest around US$ 250 million of its capital in large solar generation projects.

The two generation projects have a capacity of 1 megawatt (MW) each, but Shizen Energy aims to reach around 60 MW in operation by the end of next year.

This company's plant in Brazil is located in the rural core of Capão Seco, in Paranoá and will supply energy to the population of Brasília and satellite cities.
The works began in January of this year and the plants will start operating this week with a ceremony that will take place today (15/07) in the presence of representatives of Shizen Energy Japan and Espaço Y Engenharia e Empreendimentos, customers and partners.

The cause of Japanese interest

Brazil is among the 10 largest consumers of electricity and has a positive profile for increased demand in the coming years. Renewable energy represents 80,3% of the energy matrix and our main source is hydroelectric power.

It is worth remembering that Brazil was recognized by the International Energy Agency (IEA) as the country with the cleanest energy matrix in the world.

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