ArcelorMittal Brazil signs contracts for two solar energy projects
The $0.7 billion project, which combines solar and wind power with hydro pump storage, will provide 250MW of uninterrupted renewable power to ArcelorMittal''s Indian
Brazil isn't just embracing solar energy—it's revolutionizing its potential in the global energy sector. As we count down to the Solar World Congress 2025 in Fortaleza, let's dive into Brazil's solar energy history. Fifteen years ago, no one could have imagined that Brazil would become one of the world's largest powers in photovoltaic solar energy.
ArcelorMittal Brazil has today signed contracts for the development of two solar energy projects with a combined capacity of 465MW, equivalent to 14 per cent of its current electricity requirements.
During the era of isolated systems, some companies began to recognize Brazil's potential for photovoltaic generation. But it wasn't only the private sector that became interested in this source—the public sector also began seriously considering the possibility of expanding the electricity matrix with photovoltaic solar energy.
Despite Brazil's Integrated National Power System covering most of the country, isolated regions, such as the Amazon, rely on isolated power systems heavily dependent on fossil fuels, predominantly diesel generators. These systems are not only costly but also contribute significantly to greenhouse gas emissions.
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