Japanese Shizen Energy Invests Abroad for The First Time, with Focus on Brazil

With Two Pilot Projects in Brasília, Japanese Company Sees Brazil as a Promising Market for Renewable Energy Investments

Energy generation through cleaner sources than fossil fuels has drawn significant attention from foreign investors to Brazil, and this time, the interested party is Japan.
The Japanese company Shizen Energy, which is investing outside of Asia for the first time, is making significant investments in Brazil. The focus now is on photovoltaic energy.

The company already has two pilot projects in the federal capital, aiming to assess the behavior of the local market and, based on the results, invest around US$ 250 million of its capital in large-scale 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 plant of the company in Brazil is located in the rural area of Capão Seco, in Paranoá, and will supply power to the population of Brasília and surrounding cities.
Construction began in January of this year, and the plants will come into operation this week with a ceremony taking place today (07/15) in the presence of representatives from Shizen Energy in Japan and Espaço Y Engenharia e Empreendimentos, clients, and partners.

The Reason for Japanese Interest

Brazil is among the top 10 electricity consumers and has a positive profile for increasing demand in the coming years, with renewable energy representing 80.3% of the energy matrix, and our primary source being hydropower.

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

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