Brazil Oil Company Petrobras To Build Solar Power At Its Three Refineries

Highlights :

  • These PV projects are set to begin power generation operations by 2022.
Brazil Oil Company Petrobras To Build Solar Power At Its Three Refineries Borosil Renewables Plunges While Most Green Stocks Record Marginal Increase

Brazilian state-run oil and gas company Petrobras has recently unveiled its plans to boost its sustainable energy portfolio involving the potential installation of 48 megawatts of solar energy capacity across three of its refineries.

By leveraging photovoltaic (PV) technology, the company aims to mitigate its carbon footprint while boosting operational efficiency, according to a statement by Petrobras. These PV projects are set to begin power generation operations by 2025 and will be strategically situated at The Gabriel Passos Refinery (Regap) a petroleum refinery located in Betim, Minas Gerais, Brazil. Regap is the largest refinery in Minas Gerais and the third largest in Brazil. It has a processing capacity of 24,000 cubic meters per day (150,000 barrels per day) and produces a wide range of petroleum products, including gasoline, diesel, jet fuel, liquefied petroleum gas, and petrochemicals. Abreu e Lima (Rnest) Refinery The Abreu e Lima Refinery (Rnest) is a petroleum refinery located in Abreu e Lima, Pernambuco, Brazil. Rnest is the second-largest refinery in Brazil, with a processing capacity of 360,000 barrels per day. It produces many petroleum products, including gasoline, diesel, jet fuel, LPG, and petrochemicals. The Paulinia Refinery (Replan) is a petroleum refinery located in Paulínia, São Paulo, Brazil. Replay is the fourth largest refinery in Brazil, with a processing capacity of 325,000 barrels per day. It also produces petroleum products, including gasoline, diesel, jet fuel, LPG, and petrochemicals.

According to Petrobras, the integration of photovoltaic plants into refinery operations not only facilitates improved integration but also enhances operational reliability. Petrobras aims to strengthen its operational resilience by diversifying its energy mix. One of the primary drivers behind Petrobras’ foray into solar energy is the company’s commitment to mitigating greenhouse gas emissions. By transitioning toward renewable energy sources, the company seeks to curtail its environmental impact, thereby contributing to global efforts aimed at combating climate change. Petrobras’ strategic investment in solar energy highlights its solid commitment to energy transition. By prioritizing sustainability alongside profitability, the company aims to spearhead a paradigm shift within the energy sector, setting a precedent for other industry players to emulate.

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