Industry News

ArcelorMittal Brazil & Casa dos Vento to jointly develop wind power project

Views : 262
Update time : 2023-04-20 21:34:19
ArcelorMittal Brazil and Casa dos Ventos, one of the largest developers and producers of renewable energy projects in Brazil, will jointly develop a 554 MW Babilonia wind power project in the central region of Bahia, northeast Brazil. It will be put into operation in 2025.

The worth of the cooperation was estimated at US$800 million. The project could fulfill 38% of ArcelorMittal Brazil’s total electricity needs in 2030 and further improve its decarbonization.
Related News
Read More >>
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr .25.2025
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Nickel Price Update: Q1 2025 in Review Nickel Price Update: Q1 2025 in Review
Apr .25.2025
Nickel Price Update: Q1 2025 in Review
Higher steel prices benefiting Region steel mills Higher steel prices benefiting Region steel mills
Apr .25.2025
Higher steel prices benefiting Region steel mills
Vale's net profit drops 17% on lower iron ore prices Vale's net profit drops 17% on lower iron ore prices
Apr .25.2025
Vale's net profit drops 17% on lower iron ore prices