Latin American renewable energy company Atlas Renewable Energy, and British mining company Anglo American, have announced the signing of the largest solar energy purchase and sale contract in Brazil with an investment of R$881 Million ($181 million).
The clean energy supply will be through the Atlas Casablanca photovoltaic solar plant, located in the State of Minas Gerais, and is expected to supply about 9TWh during the life of the contract with Anglo American for 15 years, starting from 2022.
The Atlas Casablanca solar plant has an installed capacity of 330MW with more than 800,000 modules. The plant will produce enough energy to supply a city of 1.4 million inhabitants, according to the average consumption of a Brazilian family. 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 Anglo American Sustainable Mining Plan which has among its goals to reduce by 30% its CO2 emissions by 2030.
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Atlas will use bifacial modules in the Atlas Casablanca solar plant.
As part of its commitment to the State of Minas Gerais, Atlas Renewable Energy will develop, in conjunction with local communities, plans that contribute to the improvement of their living conditions. During the construction and operation of the Atlas Casablanca project, different labour training programs, especially developed for the female workforce will be implemented and the hiring of local labor will be prioritized.
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 CO2 emissions associated with our activities.”
Carlos Barrera, Atlas Renewable Energy CEO mentioned: “Atlas is leading in the new trend of providing clean energy directly to large energy consumers. The forms of supply are being transformed, making clean sources available to large companies, thus reducing their carbon footprint and production costs. Atlas is proud of pioneering, once again, the bilateral solar PPA in a new Latin American country.”
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