The Clean Energy Sector in Brazil: Growth and Opportunity
The clean energy sector in Brazil is on the rise, driven by increasing investments in renewable energy sources. According to BloombergNEF’s “Global Trends in Renewable Energy Investment 2024” report, Brazil attracted $6.5 billion in clean energy investments in 2023—an increase of 12% compared to the previous year.
Rising Investments
• Significant Investments:
The Brazilian government projects R$ 200 billion in renewable energy investments by 2028, reflecting a strong strategy for energy transition. Petrobras has also announced an investment of $7 billion in low-emission projects between 2024 and 2028.
• Solar Energy on the Rise:
Solar energy is becoming the primary focus of investment, with forecasts suggesting it will surpass all other energy types combined in financial contributions. Lower solar panel costs have driven this trend, making solar energy more accessible to businesses and consumers.
• Green Hydrogen:
The development of green hydrogen is a priority. Companies like Engie plan significant investments through 2030, leveraging Brazil’s abundant renewable resources. This positions Brazil as a potential leader in green hydrogen production, supported by its ability to generate clean energy.
Future Opportunities
Brazil presents an estimated $1.3 trillion opportunity for low-carbon energy investments by 2050, including around $500 billion specifically allocated to renewable energy. This highlights significant potential for private-sector engagement and electrification across various economic sectors.
UCB Power: Sustainable Energy with Positive Impact
UCB is one of the largest energy storage solution providers in Brazil and Latin America. With 50 years of market experience, the company combines extensive electronics manufacturing expertise with agile operational development in energy storage solutions.
As a signatory of the UN Global Compact, UCB reaffirms its sustainability commitment through initiatives like the UCB Santa Helena Project in the Amazon. This project combines renewable energy sources with a photovoltaic system, generating zero emissions and promoting clean energy access to remote communities.
Santa Helena Project Results:
• Investment: R$ 1,655,252.36
• Impact: Positive contribution to sustainable development and social inclusion.
• Recognition: Awarded nationally and internationally as a successful example of solar energy’s role in social inclusion within the Amazon region.
Documentary: Santa Helena: Energy that Transforms Lives
📽️ Watch here: https://www.youtube.com/watch?v=97leaijWSaQ
📄 Learn more on the B4 Special Projects page: https://b4.capital/pt/projeto-especial-ucb-power/.
UCB Power Sustainable Energy (UCBP): Driving Energy Transition
UCB announces the launch of UCB Power Sustainable Energy (UCBP) through B4, Brazil’s first Climate Action Exchange. The UCBP initiative aims to drive innovative decarbonization projects and accelerate Brazil’s transition to a clean energy matrix.
UCBP Focus Areas:
1. Expanding Renewable Energy Generation:
• Increasing solar and wind power production capacity.
• Developing innovative, high-efficiency projects to diversify Brazil’s energy mix.
2. Developing Storage Technologies:
• Investing in next-generation batteries and advanced solutions to ensure energy stability, optimize renewable resources, and reduce fossil fuel dependency.
3. Mapping and Generating Carbon Credits:
• Identifying and implementing projects with high carbon credit generation potential.
• Creating business opportunities while reducing greenhouse gas emissions.
Financing the Future
The UCBP aims to raise funds to finance clean energy investments, such as photovoltaic systems and innovative recyclable batteries. This funding will be crucial for:
• Developing decarbonization infrastructure.
• Promoting social inclusion in remote communities.
• Expanding renewable energy technologies transparently and securely.
About UCB
UCB is a Brazilian multinational and one of Latin America’s largest energy storage solution providers. With 50 years in the market, UCB leads the manufacturing of stationary batteries, portable batteries for cell phones and laptops, and batteries for electric mobility.
• Pioneer: First lithium battery manufacturer in Brazil.
• Locations:
• Headquarters: São Paulo
• Industrial Plants: Manaus (AM) and Extrema (MG)
• Offices: Porto Velho, Seul, and Shenzhen.
🔗 Learn more: https://ucbpower.com.br
📸 Instagram: @ucb.power
🔗 LinkedIn: UCB Power
About B4: Brazil’s First Climate Action Exchange
Launched in August 2023, B4 has established itself as Brazil’s first Climate Action Exchange, providing a platform for listing and trading carbon credits.
B4 aims to support companies in their journey to sustainability by offering tools to measure and reduce carbon footprints and implement actionable solutions to meet sustainability goals.
B4 Impact Highlights:
• 18+ million tons of carbon credits under analysis for listing.
• 1,800+ companies engaged for carbon footprint inventories (Nov 2023 – Jan 2024).
📝 Learn more: https://b4.capital/
Quote from Odair Rodrigues, Founder & CEO of B4:
“B4 is committed to real sustainability. We help companies from carbon footprint inventories to creating new sustainable business solutions, leading them through the true ‘sustainability journey.’”
