TotalEnergies eyes 12 GW in renewable energy generation in Brazil - Upstream Online
TotalEnergies eyes 12 GW in renewable energy generation in Brazil | Upstream Online
TotalEnergies expects to achieve production of 12 gigawatts from renewable energy sources in Brazil, as the French supermajor takes steps to reduce its dependency from hydrocarbons and achieve net zero by 2050.
Last year, TotalEnergies entered a joint venture with local player Casa dos Ventos to develop, build and operate a 6 GW portfolio in Brazil.
The 34:66 alliance features 500 megawatts in wind power in operation, another 1.5 GW of wind turbines under construction, as well as 4.5 GW of wind and solar projects in development across six Brazilian states.
Related Knowledge Center: ENERGY BASICS: renewables
Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.