In a defining moment for the Global Carbon Council (GCC), we proudly mark the registration of our 50th project with a special focus on the Sol do Sertão Renewable Energy Project. This not only signifies a significant milestone for the GCC but also represents South America’s debut in the GCC, underlining our commitment to global sustainability.
Rafael Borgheresi, Head of Energy Transition at Future Carbon Holding S.A. & Eduardo Bechara, CFO of Infraestrutura Brasil Holding, S.A., highlighted, “The GCC’s renewable energy carbon credit projects represent a new frontier of the low-carbon economy for Brazil and all of Latin America. Credits with technical rigor, good market liquidity, and most importantly: committed to creating shared value with communities, enhancing positive social impact. It means the consolidation of the 2.0 carbon market, based on high quality. We are thrilled that Sol do Sertão, a project developed and exclusively owned by Essentia Energia, has achieved the groundbreaking milestone as the first project in Latin America to secure GCC approval and most importantly, receiving the Platinum grade. The Platinum stamp crowns the strong commitment that our team has with local communities surrounding our project and the broader environment.”
Objective and overview
Nestled in the heart of Brazil’s Oliveira dos Brejinhos municipality, the Sol do Sertão Renewable Energy Project stands tall as a beacon of sustainable energy. these facilities seamlessly contribute 415 MW of pristine, clean energy to the National Interconnected System (SIN). Beyond its power-generating capabilities, the Sol do Sertão project aligns with and significantly contributes to various Sustainable Development Goals (SDGs), including Hunger (SDG 2), Education (SDG 4), Affordable and Clean Energy (SDG 7), Economic Growth (SDG 8), and Climate Action (SDG 13).
The project aims to achieve annual average emission reductions of 344,958 tCO2e per annum.
Beyond Electricity Generation: Catalyst for Sustainable Development
Sol do Sertão goes beyond its role as an electricity provider; it catalyzes sustainable development in myriad ways:
Local Environmental Sustainability:
Through the generation of renewable electricity with minimal environmental impact, Sol do Sertão exemplifies a commitment to preserving the local ecosystem.
Workplace Generation:
Beyond powering homes, the project creates job opportunities during both implementation and operation phases, fostering economic growth within the community.
Diversification of Electric Mix:
By complementing hydroelectricity, Sol do Sertão ensures a year-round supply of renewable electricity, reducing dependence on fossil fuels and enhancing energy security.
Technological Learning and Development:
The project encourages the growth of modern and efficient renewable energy units across Brazil, contributing to advancements in sustainable technology.
SDGs Impact: A Global Contribution
Aligned with multiple Sustainable Development Goals (SDGs), the Sol do Sertão project significantly contributes to Hunger (SDG 2), Education (SDG 4), Affordable and Clean Energy (SDG 7), Economic Growth (SDG 8), and Climate Action (SDG 13). The project is expected to make substantial annual average emission reductions, marking a decade-long commitment to climate change mitigation.
Beyond electricity generation and climate change mitigation, the project actively contributes to SDGs 2, 4, and 8 by:
- Providing employment opportunities for local communities.
- Initiating the Food for Good Program, a voluntary food donation initiative addressing food insecurity.
- Facilitating a voluntary education program, including site visits and lectures related to renewable energy and sustainability for local schools and universities.
A Glimpse into the Future: Lighting Up Today, Tomorrow
In the years to come, Sol do Sertão is poised to revolutionize Brazil’s energy landscape, setting an inspiring precedent for sustainable development and clean energy initiatives worldwide. Stay tuned for more updates as we harness the power of the sun to create a cleaner, greener future. Sol do Sertão – Illuminating Tomorrow!