Atlas and Dow Execute Large-Scale Solar PPA in Brazil
- Atlas Renewable Energy in addition to the American product science company Dow has actually introduced the signing of a large solar energy agreement in Brazil.
Atlas Renewable Energy, a leading renewable resource firm in Latin America, along with the American product science international firm Dow has actually revealed the finalizing of a large-scale solar energy agreement in Brazil.
The tidy energy supply will be via the Jacaranda photovoltaic or pv solar plant, located in Juazeiro, the State of Bahía, and is anticipated to supply over 440 GWh of solar electrical power per year that will mostly be utilized to serve Dow under a 15-year duration contract, with off-take starting in the first fifty percent of 2021.
The Jacaranda solar plant will have a set up capacity of 187 MWp with greater than 450,000 modules. The plant will generate sufficient energy to provide a large part of Dow's Aratu Site's power needs.
According to the ordinary usage of a Brazilian family, the amount of energy created will certainly amount supply adequate power to a city of +750,000 occupants. Additionally, the plant will stay clear of an approximate of 35,000 metric tons of CO2 discharges each year based upon the GHG (Green House Gases) Protocol, a method developed by the World Resources Institute which follows the approaches made use of by the IPCC (Intergovernmental Panel on Climate Change) and it is aligned with Dow's Global Emissions Inventory. This quantity of prevented CO2 emission could be contrasted to getting rid of 36,800 lorries from the streets of São Paulo.
This contract to secure eco-friendly power ability contributes to attaining among Dow's 2025 Sustainability Goals, a dedication to acquire 750 MW of its power demand from renewable sources by 2025. The firm also lately introduced added Carbon Reduction Goals, which intend to lower Dow's web annual discharges by 15 percent from 2020 to 2030, standing for a decrease of 5 million lots of CO2 in the next ten years and also one more significant step towards getting to carbon nonpartisanship by 2050.
Currently, Dow is the leading customer of clean energy in the chemical sector and also amongst the leading 25 worldwide companies for renewable power use (BNEF ranking), with contracts for wind, solar, hydro, biomass and landfill gas.
The solar plant will certainly host bi-facial module modern technology and also will certainly be neighbouring the Eng. Manoel de Andrade solar plant as well as will take advantage of its digital substation, a development technology, first-of-its-kind in the Brazilian solar market, presented by Atlas Renewable Energy in 2019.
" Dow is pleased to partner with leading clean power producers like Atlas Renewable Energy as we function to decrease our discharge strength and also assistance tasks that add greater renewable contribution and variety to the grid/matrix," stated Claudia Schaeffer, Dow's international organisation director for Energy & Climate Change. "In enhancement to our enthusiasm for a reduced carbon future, our companies share a dedication to ESG (Environmental Social and Governance) principles that motivate financial growth as well as social development for the areas where we run."
