Ensure stable and competitive supply of renewable energy for electro-intensive operations in Brazil, with a path to self-production and progress towards the carbon neutral goal by 2050
Dow is one of the world's largest chemical industries — an electro-intensive company with a public commitment to achieve carbon neutrality by 2050. At the time of the first agreement with Casa dos Ventos, Dow already had 850 MW of contracted renewable energy capacity globally, exceeding its 2025 sustainability goal.
For its operations in Brazil, the company needed a solution that would ensure stable supply, long-term competitiveness, and, in the future, the possibility of operating as a self-producer — reducing exposure to the volatility of the regulated energy market.
Two APE contracts with Casa dos Ventos: 83.1 MWm wind via Rio do Vento and 50 MWm solar via Seriemas, totaling 133.1 MWm
Dow signed two renewable energy acquisition contracts with Casa dos Ventos under the Self-Production by Equivalence (APE) model. The first links Dow to the Rio do Vento Wind Complex in Rio Grande do Norte. The second connects Dow to the Seriemas Solar Complex. In both, in addition to purchasing energy, Dow gained the ability to invest in SPEs (Special Purpose Entities), enabling the self-production regime in the future.
This partnership with Casa dos Ventos reinforces Dow's commitment to achieving carbon neutrality by 2050. We have been investing in the diversification of our energy matrices and currently have 850 MW of contracted renewable energy capacity, exceeding our 2025 sustainability goal.
Says Claudia Schaeffer, Dow's Energy Director for Latin America.
We managed to inject more than 1 GW of wind generation capacity into the country with private partners; at the same time that companies align their businesses with the pillars of sustainability, the renewable electricity matrix gains an important addition.
Says Lucas Araripe, executive director of Casa dos Ventos.
133.1 MWm of renewable energy in two PPA contracts, with self-production option and progress towards the carbon neutral goal by 2050
- Future investment option in SPE in both complexes, enabling the self-production regime;
- Direct contribution to Dow's carbon neutrality goal by 2050;
- Cost predictability and protection against volatility in the regulated energy market.
In a period of constant increases in energy prices, this modality brings greater security, places the consumer as an active agent in the generation of the energy they use, less exposed to unfavorable scenarios and independent of the regulated market.
Reiterates Lucas Araripe.
