Brazil’s Votorantim Cimentos invests in solar power

AtlasRenable 1

Votorantim Cimentos and Atlas Renewable Energy signed a power purchase agreement for the Luiz Carlos Solar Park, located in the municipality of Paracatu, Minas Gerais. The solar park will have an installed capacity of 787 MWp, of which almost two-thirds (470 MWp) will be destined for Votorantim Cimentos. 45% of Votorantims’s energy consumed globally for cement shall come from renewable sources by 2030. With this new project, 75% of the energy consumed by the company in Brazil will come from clean sources. The project will be started after the approval by Brazil’s national competition regulator CADE.