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The Brazilian company Quinto Energy was announced by the UN as a member of the United Nations Global Compact, an initiative aimed at mobilizing the business community to adopt and promote sustainable business practices.
In the pact, the company commits to Ten Universal Principles in the areas of human rights, labor, environment, and anti-corruption. It also undertakes a commitment to the Sustainable Development Goals (SDGs).
Discover Quinto Energy’s Green Hydrogen and Hybrid Projects
The company states that one of its universal commitments is to ensure that its projects contribute to the eradication of poverty, combat hunger, and social inequalities. The company’s ventures will bring life-changing impacts to thousands of families in the hinterlands of Bahia.
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While heat evaporates water from reservoirs and countries seek new areas for clean energy, Morocco is testing floating solar panels that function as an energy lid and also generate electricity.
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China occupies the desert with a 2 GW solar power plant in Inner Mongolia, installs elevated panels that create shade and humidity over the sand, and transforms a 2.96 billion kWh per year farm into an unexpected weapon against desertification.
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Rio Grande do Sul is expected to receive an investment of almost R$ 4 billion in wind power.
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A single 560W solar panel was put to the test to try and power an entire house, and the test result shows how much a giant module can truly power a refrigerator, fan, TV, and everyday appliances in daily use.
Municipalities Will Be Positively Impacted by This Initiative
There are 15 municipalities affected by the impacts of climate change, such as drought and desertification, that will be impacted through income transfer and job creation due to renewable energy projects.
These projects will contribute to accelerating the energy transition to combat global warming and alleviate the planet’s climate suffering. The five hybrid complexes of the company will prevent the emission of 32 million tons of CO2 into the atmosphere. It’s equivalent to planting 224 million trees per year.
“The purpose of Quinto’s existence is to be significant not only in the project portfolio but mainly to be giant in social transformation and environmental contribution. We have joined the Global Compact and committed to periodically report our progress regarding the SDGs.
Being officially announced as a member of this initiative fills us with pride but also increases our commitment to the world we live in,” celebrates Rafael Cavalcanti, CEO of Quinto Energy.
About Quinto Energy
Quinto Energy is a Brazilian company headquartered in Salvador, Bahia, developing five Hybrid Complexes (wind and solar), which together have an installed capacity of 18 GWh/year. All of them are located in Bahia, between the Northern and Southwestern regions.
One of the highlights is the project that spans the municipalities of Jaguarari and Campo Formoso. Named Manacá, the mega-complex of wind and solar parks has an installed capacity of 5.9 GWh/year, making it the largest in Brazil under development and the second largest in the world. All of Quinto Energy’s projects are being developed with a focus on the production of green hydrogen.
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