Neoenergia highlights electrification as a driver of Brazil’s energy transition

At the Leaders Summit, Ignacio Galán, CEO of Iberdrola, claimed that in the face of global demand that is expected to grow by 50% in the next decade, the electrification of the economy requires not only investments in renewable energy, but also the expansion of electrical grids and storage systems.

Investments in the field of electricity

Over the past 30 years, Iberdrola has invested around R$100 billion in Brazil, promoting electrification through the expansion and modernization of the electrical grid, as well as the transmission and generation of renewable energy, which has allowed it to promote economic development and social progress. Neoenergia, one of the main companies in the electricity sector and a national leader in energy distribution, is also interested in developing new energy solutions. The company will soon open, in Brasilia, one of the first units in the country to supply vehicles with green hydrogen, as part of the research, development and innovation program of the National Electric Energy Agency (Aneel).

— Working together, the public and private sectors can ensure a safe, competitive and, of course, clean energy supply, thus creating a more just and sustainable society around the world. He stressed that you can count on our full commitment to contribute to achieving these goals.

Neoenergia CEO, Eduardo Capelastegui, stressed that the electrification of the economy is the fundamental pillar of ensuring strategic independence, industrial competitiveness and environmental sustainability in the country.

— Our Strategic Plan for Brazil 2025-2028 foresees investments worth R$30 billion, especially in distribution and transmission, with the aim of modernizing and expanding electrical networks. At Distributors, our focus is on digitalisation, efficiency and quality of service. These investments are accelerating the energy transition and promoting the electrification of the economy. He says that Brazil has a strategic role in this movement, and during the COP30, it will be able to prove to the world that it is possible to reconcile economic growth with sustainability.

Neoenergia is on the main COP30 forums. The company’s Vice President, Solange Ribeiro, is actively involved in strategic discussions and global alliances, strengthening the company’s commitment to electrifying the economy, decarbonizing and promoting sustainable and inclusive models.

Fernando de Noronha’s Energy Revolution

On the eve of the United Nations Climate Change Conference (COP30), Ignacio Galán and Eduardo Capelastegui, in partnership with the Federal Government and the Government of Pernambuco, celebrated the launch of works on the Noronha Verde Solar Power Plant, in Fernando de Noronha. This initiative, with an investment of R$350 million, will provide clean energy to the island, thanks to a combination of solar power generation systems and battery storage.

The goal is to replace biodiesel consumption and decarbonize the island by 2027. Noronha will thus be the first inhabited ocean island in Latin America to reach this level, becoming a global reference in sustainability.

Neoenergia has also delivered its first floating solar PV plant in Fernando de Noronha, installed in the water mirror of Açude do Xaréu. The project received R$10 million from the Energy Efficiency Programme, organized by Aneel.

The Noronha Verde solar power plant is part of the Miss Por Noronha programme, a set of actions that include mobility, technological innovation and the expansion of non-polluting sources in the territory.

Neoenergia has implemented several decarbonisation and energy efficiency measures in recent years, such as installing solar water heating systems in the lodge. Through the Trilha Verde project, 12 electric vehicle charging stations have been installed on the island, supported by two solar power plants. Furthermore, with the replacement of all energy consumption meters, the archipelago has become the first place in the Northeast to have 100% Intelligent Electricity Grids (Reis), allowing for faster service to remote customers.

Green loan expands energy in Bahia

Neoenergia and the European Investment Bank (EIB) formalized, during COP30, a €300 million green financing dedicated to Bahia, where Neoenergia serves around 6 million customers. The resources will be used to expand the electrical grid, make new connections and modernize the distribution system, contributing to increased efficiency and reliability of supplies, especially in low-income communities.

At the ceremony, the Vice-President of the European Investment Bank, Ambroise Fayolle, highlighted that the initiative is in line with Brazil’s energy transition goals and is part of the Global Gateway, an EU strategy aimed at sustainable investments in infrastructure in partner countries.

– This is the first financing in Brazil under the Global Gateway Initiative and sends a clear message about our partnership with Latin America in building a greener and more resilient future – said Ambroise Fayolle.

For Neoenergia Vice President Solange Ribeiro, the partnership strengthens the company’s alignment with global climate commitments.