Shell Invests Heavily in Renewable Energy in Brazil and Requests Nine New Photovoltaic Solar Power Plants in Minas Gerais

Written by Valdemar Medeiros

Published on 16/05/2021 at 11:55

Updated on 16/05/2021 at 14:35

Usina de energia solar em Portugal – Fonte: Reprodução Google/Jose alen

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Shell Solicits, Alongside Aneel, The Acquisition Request For Nine Solar Power Plants In Corinto, In The State Of Minas Gerais. The Company Is Also Eyeing The Offshore Wind Energy Market

With significant investments in renewable energy, Shell has registered, alongside Aneel, the acquisition request for nine photovoltaic solar 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 CO2 levels in the atmosphere.

Shell’s Investments In The Brazilian Renewable Energy Market Increase

Shell’s renewable energy request foresees the installation of the Electra Solar Complex, which will feature a plant with an installed capacity of 24.06 MW and another eight 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 requests will total, when completed, 1.823 GW of installed capacity, and in Minas Gerais, there will be 1.5 GW of installed capacity, while the remainder will be in the state of Paraiba. Globally, Shell aims to invest US$ 3 billion per year in projects involving renewable energy starting this year.

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Shell’s Strategy For A New Renewable Market

The investments are part of the company’s strategy to achieve zero carbon emissions by 2050, strongly betting on renewable energy. In Brazil, the company also considers investing in the offshore wind energy market. Ben van Beurden, CEO of Shell, stated that the population needs a renewable energy system that does not emit pollutants to meet the goals of the Paris Agreement.

He also stated that it will be necessary for other companies to change due to societal demand. “In this context, a company like Shell can choose to produce oil and gas while emitting the least number of pollutants possible. Or it 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 achieve this zero emissions goal,” said the CEO of the oil company.

Some Recent Investments By Shell In Solar Energy In Brazil

Check Out Some Of Shell’s Investments In Brazil:

The company registered, at the beginning of April, the acquisition of the solar power plants Aquarii I, II, and III in Minas Gerais, in the municipality of Brasilândia de Minas.

In the same month, it registered ten new projects for the generation of photovoltaic solar energy. The Barmard Solar plants will also be installed in Minas Gerais, now in the municipality of Várzea da Palma.

It registered, in April 2021, the acquisition request for nine photovoltaic solar power plants in Corinto, Minas Gerais.

Shell Invests Heavily in Renewable Energy in Brazil and Requests Nine New Photovoltaic Solar Power Plants in Minas Gerais

Shell Solicits, Alongside Aneel, The Acquisition Request For Nine Solar Power Plants In Corinto, In The State Of Minas Gerais. The Company Is Also Eyeing The Offshore Wind Energy Market

Read Also

Shell’s Investments In The Brazilian Renewable Energy Market Increase

Shell’s Strategy For A New Renewable Market

Some Recent Investments By Shell In Solar Energy In Brazil

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Shell Invests Heavily in Renewable Energy in Brazil and Requests Nine New Photovoltaic Solar Power Plants in Minas Gerais

Shell Solicits, Alongside Aneel, The Acquisition Request For Nine Solar Power Plants In Corinto, In The State Of Minas Gerais. The Company Is Also Eyeing The Offshore Wind Energy Market

Read Also

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Some Recent Investments By Shell In Solar Energy In Brazil

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China opens the world’s first school where more than 100 humanoid robots from different brands will study together, each movement will be repeated up to 600 times a day and the data will feed a collective brain that will teach all the robots of the future.

China has put millions of electric cars on the roads, but now faces the side effect: more than 1 million tons of batteries are expected to go out of use per year by 2030, while the government expands tracking and combats illegal dismantling with environmental risks.

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