Hydro Rein | May 04, 2022
Hydro Rein, Atlas Renewable Energy and ALBRAS are in the process of forming a joint venture to design, build and operate a self-generation project through a solar power plant, which will be located in Paracatú , in the state of Minas Gerais, Brazil, which will have a planned total installed capacity of 438 MW. The project will provide long-term renewable energy to the primary aluminum plant in Albras.
Hydro Rein and Atlas Renewable Energy are in the process of forming a joint venture to design and build the Boa Sorte solar power plant, which will be located in Paracatú, in the state of Minas Gerais, Brazil, and has a planned total installed capacity of 438MW. The project will provide long-term renewable energy to the primary aluminum plant in Albras.
Construction of the Boa Sorte solar power plant is expected to start in the fourth quarter of 2022, and operation is expected to start in the fourth quarter of 2023. Total investments are estimated at US$320 million (100% basis). The project has been submitted to the competition authority (CADE) for approval.
As part of the realization of the self-generation project, Albras signed a PPA (power purchase agreement) denominated in US dollars with Boa Sorte for an annual supply of 815 GWh from 2025 to 2044. This agreement covers 12% of Albras' annual electricity consumption.
The Albras primary aluminum plant is located in the Brazilian state of Pará and is a joint venture formed between Hydro and NAAC (Nippon Amazon Aluminum Co. Ltd.). Albras is the largest producer of primary aluminum in Brazil, with an annual capacity of 460,000 tons, and it supplies national and international markets.
The Boa Sorte solar power plant will include more than 800,000 bifacial modules, which will provide enough energy to avoid the emission of 61,500 tonnes of CO2 per year.
About Atlas Renewable Energy
Atlas Renewable Energy is a renewable energy generation company that has been developing, financing, building and operating renewable energy projects across America since early 2017. Atlas Renewable Energy includes an experienced team with the longest experience in the industry of solar energy in Latin America. The company is recognized for its high standards in the development, construction and operation of large-scale projects. Atlas Renewable Energy is part of Energy Fund IV, raised by Actis, one of the leading private investors in the energy sector. Atlas Renewable Energy's growth is focused on the region's most stable markets, using its proven development, marketing and structuring expertise to accelerate the clean energy transformation. By actively engaging with the community and stakeholders at the heart of its strategy, the company works every day to deliver a cleaner future.
About Hydro Rein
Hydro Rein was established in 2021 as part of Hydro's growth strategy in renewable energy. The company aims to become the preferred supplier of renewable energy and other energy solutions for industrial customers. Hydro Rein has a large portfolio of wind and solar projects in Brazil and the Nordic countries for the long-term supply of energy to Hydro and other industrial users. Hydro Rein also develops a range of energy solutions to help industries manage and optimize their energy consumption and off-grid storage.
November 24, 2020
“Tesla’s mission is to accelerate the world’s transition to sustainable energy. We hire the world’s best and brightest people to help make this future a reality. Every Tesla is designed to be the safest, quickest car in its class—with industry-leading safety, range, and performance. Our global network of Superchargers and Destination Chargers provide convenient locations to stay charged, anywhere you go. Tesla energy products work together to power your home and charge your electric car. Solar produces clean energy during the day and Powerwall stores energy to power your home at night or during an outage.” This is Elon Musk’s vision.
What's more, this is where the normal peruser may ask: "for what reason is that peculiar?", correct?
Now, and it's truly a pretty mid one, perusers may be meandering what is the issue here or whether they should be in any event, investing energy in a genuinely inconceivable title, about a genuinely unlimited organization drove by a man who is by all accounts falling back on limitless activities (tweets included). Indeed, hold on for me for a second, since I will attempt to interpret a man's vision, which showed through an organization and that organization proceeded to cause waves in our domain of the real world; what numerous individuals, stock investigators and other Wall Street masters don't understand about Elon Musk, his vision and his organization is that they are turning into a religion like wonder, generally because of the way that they have been accomplishing things that appeared to be unbelievable as of not long ago.
All things considered, Elon wanted to bring down the cost of Tesla's top of the line S model, likely to rival an opponent organization, however he did it by citing '69' and '420'; 69 being a sex position and 420 – a web slang for weed. Truly, this occurred and truly, he brought the vehicle's value down to $69,420.
Since I stood out enough to be noticed, we should get further into the hare opening.
The above 'stanzas' come straightforwardly from the organization's site; they appear to uncover a problematic influx of development. Tesla began this advancement wave of the car business as a specialty contender, offering absolutely problematic things as extravagance electric vehicles. Those models have been very performing yet in addition earth neighborly. After their underlying assault, Tesla has been definitively progressing from a specialty contender to an expansive market differentiator through the execution of lithium batteries and the fuse of Solar City. The organization's practically enthusiastic fixation on mechanization and R&D were a significant 'risk' in early days consuming tremendous measures of money; be that as it may, they wound up bearing natural products as Tesla's present serious channel, offering enormous and manageable upper hands.
UPM Biocomposites | October 21, 2020
The raw material used for the Mysoda sparkling water makers is UPM Formi EcoAce biocomposite, which is made of wood fibres and renewable based biopolymer (on a mass balance basis), derived from UPM BioVerno naphtha. The materials originate from sustainable forestry and are produced from wood and pulp processing side streams and residues. Therefore, the raw material does not compete with food production and does not increase harvesting. Although composed of natural fibres, the UPM Formi EcoAce has similar material properties as fossil-based plastics and similar moulding technics can be used with it. The look and feel bears some similarities with wood as the wood fibres contained within create a natural finish for the end product.