About Brazil compressed air solar container project
The project adopts a combined compressed air and lithium-ion battery energy storage system, with a total installed capacity of 50 MW/200 MWh and a discharge duration of 4 hours.
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4 FAQs about [Brazil compressed air solar container project]
Does ArcelorMittal have a solar energy project in Brazil?
ArcelorMittal Brazil has today signed contracts for the development of two solar energy projects with a combined capacity of 465MW, equivalent to 14 per cent of its current electricity requirements.
Will ArcelorMittal & Casa dos Ventos build a solar power plant?
This latest agreement – again a joint venture in which ArcelorMittal Brazil will hold a 55% stake with Casa dos Ventos holding the balance – will see the construction of a 200MW capacity solar power plant on the same site as the wind power project, in the state of Bahia, north-east Brazil, with commissioning also expected before the end of 2025.
Why are ArcelorMittal Brazil projects important?
The projects support ArcelorMittal Brazil’s aims to secure and decarbonise its future electricity needs and are a further step towards its long-term ambition to be self-sufficient in terms of its electricity requirements. Commenting, Jefferson de Paula, President, ArcelorMittal Brazil and CEO of ArcelorMittal Brazil Long Products, said:
What is ArcelorMittal's new solar power project?
The $0.7 billion project, which combines solar and wind power with hydro pump storage, will provide 250MW of uninterrupted renewable power to ArcelorMittal’s Indian steelmaking joint venture, AM/NS India, reducing its carbon emissions by 1.5 million tonnes a year.
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