Dow Inks Solar Energy Deal with Atlas in Brazil

• Atlas Renewable Energy powers Dow's green future with a 358 MW solar deal in Brazil, advancing sustainable energy goals in Latin America.

Atlas Renewable Energy has signed a power purchase agreement (PPA) to supply solar energy to Dow Inc from the Casablanca Solar Energy Complex in Brazil. The complex has a capacity of 358 megawatts and is part of Atlas's focus on expanding renewable energy projects in Latin America.

This agreement marks a significant step for Dow in its efforts to transition to more sustainable energy sources. The partnership with Atlas Renewable Energy aligns with Dow's commitment to reducing its carbon footprint and increasing its use of renewable energy in its operations.

How Will Atlas's PPA with Dow Impact Renewable Energy Expansion in Latin America?

• Increased Investment in Renewable Infrastructure: The PPA will likely encourage further investment in renewable energy infrastructure in Latin America, as successful projects can attract more investors and developers to the region.
• Job Creation and Economic Growth: The expansion of renewable energy projects, such as the Casablanca Solar Energy Complex, can lead to job creation in construction, maintenance, and operations, contributing to local economic growth.
• Reduction in Carbon Emissions: By supplying solar energy to Dow, the PPA will help reduce carbon emissions, supporting regional and global efforts to combat climate change.
• Encouragement for Other Corporations: Dow's commitment to renewable energy through this PPA may inspire other corporations in Latin America to pursue similar agreements, accelerating the transition to sustainable energy sources.
• Strengthening Energy Security: Increasing the share of renewable energy in the energy mix can enhance energy security in Latin America by reducing dependence on fossil fuels and diversifying energy sources.
• Technological Advancements and Innovation: The focus on renewable energy projects can drive technological advancements and innovation in solar energy technologies, potentially leading to more efficient and cost-effective solutions.
• Policy and Regulatory Support: Successful PPAs can influence policymakers to create favorable regulatory environments that support the growth of renewable energy projects in the region.
• Regional Leadership in Renewable Energy: Latin America can position itself as a leader in renewable energy by showcasing successful projects and partnerships, attracting global attention and collaboration.