Atlas Renewable Energy has secured a major deal with Albras, the largest primary aluminium producer in Brazil, to supply solar-generated power for a period of 21 years. The power purchase agreement (PPA) involves the 902MW Vista Alegre Photovoltaic Project in the state of Minas Gerais, with operations scheduled to commence in 2025. Under the US dollar contract, Atlas will provide clean energy to Albras, demonstrating the company's commitment to support corporate customers in their energy transition to renewable sources.
Carlos Barrera, CEO of Atlas Renewable Energy, emphasized the importance of this partnership as a significant milestone for the company's growth strategy. He stated, “This is an important step for Atlas as we continue our focus to partner with corporate customers to support their energy transition to clean energy.
See also: Hellenic Cables Launches €80 Million Investment Program
The closing of our second contract with Albras attests to our ability to provide a compelling tailored energy solution to our customers. Furthermore, it offers predictability to the energy management of our customers looking to achieve their sustainability goals.”
The agreement highlights Atlas Renewable Energy's ability to address the needs of large energy consumers with reliability of execution, while fostering best-in-class ESG programs in line with their values. Barrera added, “The scale and term of this deal underscores Atlas' ability to address the needs of large energy consumers with reliability of execution, while fostering best in class ESG programs in line with their values.”
Atlas Renewable Energy is committed to promoting diversity and inclusion within the renewable energy sector, and is working towards increasing the representation of women in the construction of the Vista Alegre Photovoltaic Project. The company is providing training to local women in technical skills and mobilizing its contractors to include them in their recruiting process, aiming to reach more than 15% of female representation within the construction of the plant.
The partnership between Atlas Renewable Energy and Albras represents a significant milestone for the Brazilian renewable energy market. The PPA is a testament to Atlas Renewable Energy's ability to provide tailored energy solutions to corporate customers while fostering best-in-class ESG programs. Furthermore, the company's commitment to diversity and inclusion in the renewable energy sector is a laudable initiative that will go a long way in empowering women and promoting gender equality.
