Eletrobras and Shell would jointly develop offshore wind energy in Brazil

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By : Inspenet, December 19, 2022

Brazilian power company Eletrobras and Shell signed a cooperation agreement to exchange information. This while they are analyzing a possible joint venture in offshore wind energy in the South American country. This was reported by the company Electrobras.

The measure marks a further step for Shell in the sector in Brazil, where it already has several offshore wind projects pending approval by environmental authorities.

It is also a new development in renewable energy for Eletrobras, the largest utility in Latin America, which has indicated it was looking to diversify its strategy in the sector after being privatized earlier this year.

“Offshore wind energy has proven to be, throughout the world, an expanding source for the generation of renewable energy,” Eletrobras detailed in a securities statement.

The company, which focuses primarily on hydroelectric power plants, noted that offshore wind farms have recently been driven by energy policies related to environmental concerns.

It should be noted that Shell, one of the world’s largest oil companies, is currently waiting for environmental agency Ibama to approve projects it has for offshore wind plants totaling 17 gigawatts in six Brazilian states.

Source : https://www.rumbominero.com/brasil/eletrobras-shell-energia-eolica-marina-brasil/

Photo: ShutterStock

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