Petrobras Aims to Capture 10% of Brazil's Wind and Solar Market - Renewable Energies

Petrobras Aims to Capture 10% of Brazil’s Wind and Solar Market – Renewable Energies

Written by Paulo Nogueira

Published on 31/01/2024 at 11:20

Be the first to react!

State-Owned Company Aims for 5 GW of Renewables by 2028. Investment in Wind and Solar, Photovoltaic Plants, Onshore and Offshore Wind, and Low-Carbon Hydrogen.

Petrobras has announced its plan to capture a 10% share of the centralized wind and solar energy market in Brazil by 2028, according to a presentation made for investors in New York this Tuesday (31/1). The 2024-2028 strategic plan of Petrobras aims to achieve approximately 5 GW of photovoltaic and wind capacity in operation or in construction phase.

To achieve its goals, the oil company plans to invest US$ 5.2 billion in renewable energies over the period. This investment is part of the significant increase in investments in low-carbon projects, which will receive US$ 11.5 billion, double the previous plan.

Petrobras Invests in Renewable Energies

Only this year, the oil company intends to acquire 2 GW of onshore wind and solar assets, partnering with experienced developers, according to President Jean Paul Prates.

ARTICLE CONTINUES BELOW

Petrobras and the Wind Energy Market

Only this year, the oil company intends to acquire 2 GW of onshore wind and solar assets, and…

Renewable Expansion of Petrobras

Only this year, the oil company intends to acquire 2 GW of onshore wind and solar assets, and…

Source: EPBR

0 Comments

most recent

older Most voted

Petrobras Aims to Capture 10% of Brazil’s Wind and Solar Market – Renewable Energies

State-Owned Company Aims for 5 GW of Renewables by 2028. Investment in Wind and Solar, Photovoltaic Plants, Onshore and Offshore Wind, and Low-Carbon Hydrogen.

Petrobras Invests in Renewable Energies

Petrobras and the Wind Energy Market

Renewable Expansion of Petrobras

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

Greek island offers free housing for volunteers, but there’s a condition: you need to take care of rescued cats.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

Drivers with licenses nearing expiration received an unexpected reprieve on the calendar, but the Contran extension only applies to those within specific dates.

Embrapa takes cashew, peanuts, and sesame to the world’s largest seed bank in Norway, where Brazil has already stored more than 8,000 samples since 2012 against pests and climate change.

China prepares mBridge, a new digital payment system with blockchain that promises transactions in seconds, lower fees, and the advancement of the digital renminbi while aiming to reduce dependence on the dollar in global trade.

Norway will excavate 3 million cubic meters of rock to open a 1,700-meter maritime tunnel, where ships will pass through a mountain in 10 minutes, escaping a stretch that has killed more than 30 people since 1900.

São Paulo accelerates basic sanitation with R$ 70 billion until 2029, expands treated water, sewage, and promises to advance universalization four years ahead of the national deadline.

Petrobras Aims to Capture 10% of Brazil’s Wind and Solar Market – Renewable Energies

State-Owned Company Aims for 5 GW of Renewables by 2028. Investment in Wind and Solar, Photovoltaic Plants, Onshore and Offshore Wind, and Low-Carbon Hydrogen.

Petrobras Invests in Renewable Energies

Petrobras and the Wind Energy Market

Renewable Expansion of Petrobras

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

Greek island offers free housing for volunteers, but there’s a condition: you need to take care of rescued cats.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

Illiterate or semi-literate grandmothers were trained to repair solar systems, open rural workshops, and light up homes that still depended on kerosene.

Solar and wind energy surpass natural gas for the first time in the world and accelerate energy revolution

The world has bet on green hydrogen as the fuel of the future, but now faces the side effect: producing 1 kilogram requires about 9 liters of ultrapure water, and the largest projects on the planet are precisely in the driest regions of the Earth, where water is already scarce for people.

Africa has about 500,000 cell towers and most still burn diesel to operate, while companies rush to cover antennas with solar energy and avoid signal blackouts.

Farmers swapped diesel for solar panels in Pakistan, powered irrigation pumps almost cost-free, expanded rice fields, and now groundwater has become a red alert in the countryside.

Drivers with licenses nearing expiration received an unexpected reprieve on the calendar, but the Contran extension only applies to those within specific dates.

Embrapa takes cashew, peanuts, and sesame to the world’s largest seed bank in Norway, where Brazil has already stored more than 8,000 samples since 2012 against pests and climate change.

China prepares mBridge, a new digital payment system with blockchain that promises transactions in seconds, lower fees, and the advancement of the digital renminbi while aiming to reduce dependence on the dollar in global trade.

Norway will excavate 3 million cubic meters of rock to open a 1,700-meter maritime tunnel, where ships will pass through a mountain in 10 minutes, escaping a stretch that has killed more than 30 people since 1900.

São Paulo accelerates basic sanitation with R$ 70 billion until 2029, expands treated water, sewage, and promises to advance universalization four years ahead of the national deadline.