Shell asks Aneel for the acquisition of nine solar power plants in Corinto, in the state of Minas Gerais. The company is also eyeing the offshore wind energy market.
With large investments in renewable energy, Shell registered, with Aneel, the acquisition request for nine solar photovoltaic power plants in Minas Gerais, in the municipality of Corinto. The oil company's idea is that new investments in the renewable energy market can reduce the high levels of CO2 in the atmosphere.
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Shell investments in Brazilian renewable energy market increase
Shell's order for renewable energy foresees the installation of the Electra solar complex, which will have a plant with an installed capacity of 24,06 MW and eight other plants with an installed capacity of 48,1 MW. In total, there are 40 requests made by Shell regarding the installation of photovoltaic solar power plants in the country.
The orders will total, when ready, 1,823 GW of installed power and in Minas Gerais alone there will be 1,5 GW of installed power, the rest will be in the state of Paraíba. Globally, Shell intends to invest US$ 3 billion per year in projects involving renewable energy starting this year.
The company's global objectives in its plan to switch to renewable energy is to have zero net emissions by the year 2050. The objective is to reduce the CO2 intensity of energy-related products that Shell sells by up to 8 % by 2023, by 2030 by 20%, by 2035 by 45% and by 2050 by 100%.
Shell's strategy for a new renewable market
The investments are part of the company's strategy to reach 2050 with zero carbon emissions, investing heavily in renewable energy. In Brazil, the company is also considering investing in the offshore wind energy market. Bem van Beurden, CEO of Shell, said that the population needs a renewable energy system, as it does not emit pollutants, so that the goals of the Paris Agreement are met.
He also states that it will be necessary for other companies to change due to demand from society. “In this context, a company like Shell can choose to produce oil and gas emitting as few pollutants as possible. Or you can say: If the population wants net zero emissions and we really want to be part of that population, then we will work and invest to reach this goal of zero emissions”, said the CEO of the oil company.
Some recent investments by Shell in solar energy in Brazil
Check out some Shell investments in Brazil:
At the beginning of April, the company registered the acquisition of the Aquarii I, II, and III solar power plants in Minas Gerais, in the municipality of Brasilândia de Minas.
In the same month, it registered ten new projects for photovoltaic solar energy generation. The Barmard Solar plants will also be installed in Minas Gerais, now in the municipality of Várzea da Palma.
In April 2021, it registered the request for the acquisition of nine solar photovoltaic power plants in Corinto, Minas Gerais.
