TotalEnergies and the Government of Rio Join Forces for Offshore Wind Energy: The MoU Has a Duration of 2 Years

Written by Paulo Nogueira

Published on 27/05/2023 at 06:12

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A Memorandum of Understanding Seals the Partnership for Offshore Wind Generation in Rio de Janeiro

TotalEnergies, in partnership with the Government of Rio de Janeiro, takes a decisive step towards the future of renewable energy in Brazil. Signed on May 26, 2023, the Memorandum of Understanding (MoU) proposes a collaboration dedicated to the development of offshore wind generation in the state of Rio de Janeiro. It is important to remember that the French company and Petrobras are keeping an eye on the possible auction that will take place in 2024 in this market segment.

With a validity of two years, this agreement encompasses studies related to tax incentives as well as the growth of the grid system for future projects.

An Alliance Strengthened by Environmental Commitment

“This commitment with the Government is exciting because it reinforces TotalEnergies’ synergy with the expansive movement of the offshore wind market”, declares Charles Fernandes, General Director of TotalEnergies EP Brazil and Country Chair of the Company in Brazil. The partnership, according to Fernandes, is in harmony with the company’s strategy to achieve carbon neutrality by 2050 and to invest in the long term in the country.

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TotalEnergies in Brazil: History and Operations

With nearly half a century of presence in Brazil, TotalEnergies operates through six subsidiaries and employs over 3,500 people in various business areas, including exploration and production, gas, renewable energies (solar and wind), lubricants, chemicals, and distribution.

Its Exploration & Production portfolio includes ten licenses, four of which are operated by the company itself. Additionally, in December 2022, TotalEnergies secured a new non-operated block for exploration in deep waters, in the Campos Basin (Água Marinha, 30%). The Production Sharing Contract is expected to be signed in the first half of 2023.

Towards Sustainability: TotalEnergies and Renewable Energy

TotalEnergies is committed to the growth of the renewable energy sector in Brazil. Its subsidiary, Total Eren, operates 300 MW in solar and wind projects. In October 2022, a partnership was established with Casa dos Ventos, a leader in the renewable energy market in Brazil, to jointly develop a renewable energy portfolio of 12 GW.

In the Brazilian fuel distribution market, TotalEnergies has a presence with a network of approximately 240 service stations and several installations for the storage of petroleum products and ethanol.

TotalEnergies and the Government of Rio Join Forces for Offshore Wind Energy: The MoU Has a Duration of 2 Years

A Memorandum of Understanding Seals the Partnership for Offshore Wind Generation in Rio de Janeiro

An Alliance Strengthened by Environmental Commitment

TotalEnergies in Brazil: History and Operations

Towards Sustainability: TotalEnergies and Renewable Energy

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TotalEnergies and the Government of Rio Join Forces for Offshore Wind Energy: The MoU Has a Duration of 2 Years

A Memorandum of Understanding Seals the Partnership for Offshore Wind Generation in Rio de Janeiro

An Alliance Strengthened by Environmental Commitment

TotalEnergies in Brazil: History and Operations

Towards Sustainability: TotalEnergies and Renewable Energy

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Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While in Brazil a 10-story building takes 2 years to complete, in China a company stacks pre-fabricated modules and raises the entire building in just 28 hours and 45 minutes.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

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From space, a geological “target” of 5.5 km embedded among the red canyons of Utah has challenged scientists for decades and may hide the mark of a colossal impact that has never been fully explained.

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