Braskem and EDF Renewables sign an agreement for the use of renewable energy

São Paulo, April 14th, 2022 – Committed to sustainability goals linked to operational eco-efficiency and the fight against climate change, Braskem signed a wind energy purchase agreement with EDF Renewables do Brasil. The agreement will be an anchor to enable the construction of a new wind power plant in southwest Bahia, contributing to the installation of new sources of renewable energy in Brazil.

The new agreement will allow the petrochemical company to obtain energy for 20 years, starting in 2024. The expectation is that there will be a reduction in the emission of greenhouse gases of about 700 thousand tons of CO2 by Braskem during this period, accelerating the use of renewable energies in its energy matrix, in line with the goals of decarbonization and energy transition.      

This is the fifth long-term renewable energy contract from wind and/or solar sources that Braskem has signed in 4 years and the second with EDF Renewables, reaching an average of 150 MW of energy from these sources, which represent around 30% of the portfolio of electricity purchased in Brazil and put Braskem close to reaching the estimated mark of 2.2 million tons of CO2 in emissions avoided with these contracts alone, contributing to the goal of 15% reduction in greenhouse gas emissions Scope 1 and 2 greenhouses by 2030 and carbon neutrality by 2050.      

About Braskem

Oriented to people and sustainability, Braskem is committed to contributing to the value chain so as to strengthen the Circular Economy. The 8,000 Members of the petrochemical company dedicate themselves daily to improving people’s lives through sustainable chemical and plastic solutions. Braskem has an innovative DNA and a complete portfolio of plastic resins and chemical products for various segments, such as food packaging, civil construction, industrial, automotive, agribusiness, health and hygiene, among others. With 40 industrial units in Brazil, USA, Mexico and Germany, the company exports its products to customers in more than 100 countries.

About EDF Renewables:          

EDF Renewables is a leading international renewable energy company, with a gross installed capacity of 15.6 GW worldwide. Its development is mainly focused on wind and solar photovoltaic energy. EDF Renewables primarily operates in Europe and North America, but continues to grow and establish itself in promising regions such as Brazil, China, India, South Africa and the Middle East. The company also has strong positions in offshore wind energy and other areas of the renewable energy industry such as distributed energy and energy storage. EDF Renewables develops, builds, operates and maintains renewable energy projects, both for itself and for third parties. Most of its international subsidiaries are branded EDF Renewables. EDF Renewables is the subsidiary of the EDF Group specializing in the development of solar and wind energy. In Brazil since 2015, EDF Renewables Brasil is among the country’s leaders in the renewable energy sector, totaling 1.3 GW in projects, installed and under construction, of solar and wind energy in Bahia, Minas Gerais and Paraíba.