Panasonic Announces R$ 1.6 Billion Investment for Construction of Solar Power Plant in Ceará That Promises to Generate 4,000 Jobs

Written by Valdemar Medeiros

Published on 14/04/2022 at 09:36

Painel Solar. Foto: Agência Brasil

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Panasonic Is Investing in Its ESG Agenda and Will Buy Solar Power from a Plant in Ceará. The Investment in the Facility Will Be R$ 1.6 Billion by the Responsible Company.

The technology and electronics company, Panasonic, announced this Wednesday (13) that, of the total energy consumed in its units in 2024, 60% will come from solar energy, which will be generated in a self-production model. The energy will be generated by the Solar Complex of Intrepid, located in the municipality of Mauriti, Ceará. The plant has a capacity to produce 500 MWp and will be responsible for about 65% of the consumption of the company’s manufacturing unit located in Extrema, Minas Gerais. For the construction, operation, and management of the solar power plant, the investment will be R$ 1.6 billion by the company responsible for providing photovoltaic energy, Pontoon Clean Tech, with which Panasonic has signed a contract for 15 years to carry out this project.

Solar Energy Initiative in Ceará Is Part of Panasonic’s ESG Agenda

According to the Vice President of Home Appliances at Panasonic Brazil, Sergei Epof, this is a consortium agreement, with a contract signed for 15 years with Pontoon Clean Tech, the company responsible for the investment, operation, and management of the solar power plant in Ceará, while Panasonic is responsible for the payment and contracting of the used energy.

The initiative is part of the company’s global ESG agenda, which is advancing several actions aimed at fulfilling the Environmental Vision 2050. In all Panasonic units, there is already a verification system in accordance with current environmental legislation.

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Panasonic’s Solar Power Plant in Ceará Will Have Over 900,000 Panels and Generate 4,000 Jobs

According to Epof, the investment in renewable energies is in line with the Environmental Vision 2050 strategy. Last May, a global goal to make the company’s total CO2 emissions net zero by the next decade was announced. In the country, this is already a reality in the company’s units even before the deadline, through the offsetting of carbon credits purchase.

Panasonic’s efforts will ensure that the electricity created by its services and products exceeds the use of its manufacturing processes by the year 2050 or even sooner. Achieving over 60% self-produced energy, the company also stands out among other units worldwide.

The Intrepid solar energy complex project in Ceará will cover a total of 1,100 hectares and have 935,000 solar energy panels installed, avoiding the emission of 400,000 tons of carbon dioxide annually. Construction is set to start later this year and should be completed by the end of 2023, creating over 4,000 jobs for the local community in Ceará.

Pontoon Speaks Out About Initiative

According to the CEO of Pontoon, Marcos Severine, the company entered the market this year, offering the possibility of building the complete decarbonization journey for various companies; thus, having Panasonic as its ally in this expanding sector represents a significant step for the company.

With this, Panasonic plans to lead the self-production of energy through photovoltaic solar matrices compared to other companies in the same sector.

Panasonic Announces R$ 1.6 Billion Investment for Construction of Solar Power Plant in Ceará That Promises to Generate 4,000 Jobs

Panasonic Is Investing in Its ESG Agenda and Will Buy Solar Power from a Plant in Ceará. The Investment in the Facility Will Be R$ 1.6 Billion by the Responsible Company.

Solar Energy Initiative in Ceará Is Part of Panasonic’s ESG Agenda

Panasonic’s Solar Power Plant in Ceará Will Have Over 900,000 Panels and Generate 4,000 Jobs

Pontoon Speaks Out About Initiative

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Panasonic Announces R$ 1.6 Billion Investment for Construction of Solar Power Plant in Ceará That Promises to Generate 4,000 Jobs

Panasonic Is Investing in Its ESG Agenda and Will Buy Solar Power from a Plant in Ceará. The Investment in the Facility Will Be R$ 1.6 Billion by the Responsible Company.

Solar Energy Initiative in Ceará Is Part of Panasonic’s ESG Agenda

Panasonic’s Solar Power Plant in Ceará Will Have Over 900,000 Panels and Generate 4,000 Jobs

Pontoon Speaks Out About Initiative

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Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

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