Atlas Renewable Energy and Albras, Brazil’s largest primary aluminum producer, have signed a power purchase agreement for a record 21 years. Atlas, a global leader in renewable energy, will provide sustainable solar power to Albras under this U.S. dollar contract.
The energy will be supplied by the Vista Alegre photovoltaic project, located in the state of Minas Gerais, with an installed capacity of 902 MWp. Operations will begin in 2025 and will generate approximately 2 TWh/year, removing the equivalent of more than 61,800 cars from the streets of Sao Paulo and offsetting approximately 154,000 tons of CO2 emissions per year.
Produce enough renewable energy for 3 million people
This new collaboration will produce enough renewable energy to power a city of about 3 million people, like Brasilia. Atlas Renewable Energy is also committed to promoting sustainable environmental, social and governance (ESG) practices for the surrounding communities.
Atlas’ flagship social program, “We are all part of the same energy,” will be implemented to promote diversity and inclusion in the renewable energy sector by training local women in technical skills and mobilizing its contractors to include them in their hiring process, with the goal of achieving more than 15% female representation in the construction of the plant.
Atlas Renewable Energy specializes in the Americas
Atlas Renewable Energy is an international renewable energy company with over 4 GW of contracted projects, of which 2.2 GW are operational. Since early 2017, Atlas has specialized in the development, financing, construction and operation of renewable energy projects in the Americas.
The company is recognized for its expertise in the global energy market and renewable energy, as well as its commitment to sustainability and ESG. Atlas Renewable Energy’s strategy is to help large companies make the energy transition to 100% clean energy.
