Atlas Renewable Energy has signed a deal with Anglo American to build the ‘largest solar plant’ in Brazil with a R$881 million (£143.5m) investment.
The Atlas Casablanca solar plant will have an installed capacity of 330MW, with more than 800,000 panels allowing it to produce enough energy to supply a city of 1.4 million inhabitants.
This contract is part of Anglo American’s strategy to use 100% renewable energy for its operations in Brazil as of 2022 and is part of its Sustainable Mining Plan which aims to reduce its carbon dioxide emissions by 30% before 2030.
Wilfred Bruijn, CEO of Anglo American in Brazil, said: “With this agreement and the contract for the construction of a wind power plant in Bahia signed in December, we will now be sourcing 90% of our energy from renewable sources, leading to a 40% reduction in carbon dioxide emissions associated with our activities.”
Carlos Barrera, Atlas Renewable Energy CEO mentioned: “Atlas is proud of pioneering, once again, the bilateral solar PPA in a new Latin American country. Our team was the first to implement a solar Private PPA in Chile some eight years ago and now we do so in Brazil.”
Tags Brazil Energy Live News
Check Also
China’s Gas Demand Surges with Urban Growth and LNG Boom
China has been the focus of oil traders’ attention for years thanks to its seemingly …