it had achieved its goal of running all of its Brazilian operations based on renewable energy sources, two years earlier than the scheduled target of 2025.
“As we are progressing on our targets, we are helping to make Brazil’s energy matrix even cleaner, contributing to society’s fight against climate change,” the director of Energy and Decarbonization, Ludmila Nascimento, said in the statement. While it has an installed capacity is of 766 Megawatts-peak, equivalent to the consumption of a city of 800,000 inhabitants, the complex has the potential of contributing to around 16% of all the electricity consumed by Vale in Brazil, the company said.Vale began its journey towards 100% renewable energy consumption in the 1990s with the acquisition of its first hydroelectric plants.