The solar park built through j between Shell and Gerdau will have a capacity of approximately 260 MWp

Shell and Gerdau formed a j in which both companies have an equal stake, for the construction of a solar park in Minas Gerais in 2023. The approval of the Brazilian authorities is still required. The solar park created by the companies Shell and Gerdau should have a capacity of around 260 MWp, and approximately half of the energy produced in the solar park will be destined to Gerdau's steel production. The other half will be traded on the free market through Shell's trading company.

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According to Broadcast, the partnership between Shell and Gerdau will make it possible to develop around a third of the total capacity of the solar park. Shell will be looking for customers as long-term self-producers.

The director of Renewables and Energy Solutions at Shell Brasil, Guilherme Perdigão, says that, with the creation of the solar park, the company is taking an important step towards building a robust portfolio in renewable energies in Brazil, reinforcing the diversification of the company's businesses Shell, with the aim of providing more energy and increasingly in a cleaner way.

Last year, Shell made a commitment to zero net carbon emissions by 2050, the company's goal is to halve absolute emissions by 2030, compared to the year 2016.

Gerdau is also committed to reducing greenhouse gas emissions to 0,83 t of carbon dioxide per ton of steel produced, half the value of the steel industry average, which is 1,89 t of carbon dioxide per ton of steel.

Get to know Gerdau and Shell

Shell has been in Brazil since 1913 with the aim of meeting the energy demands of its customers, acting responsibly for the economy, society and the environment. The company has 900 employees in Brazil alone, with its headquarters located in the center of Rio de Janeiro and a manufacturing unit on Ilha do Governador.

Gerdau is the country's largest steel producer and one of the main suppliers of long steel in the Americas and specialty steel in the world. In Brazil, Gerdau also produces flat steel and iron ores, activities that expand the mix of products offered to the market and also the competitiveness of operations.

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