Statkraft, Europe's largest producer of renewable energy, inaugurated new solar farms and batteries at the climate summit COP30 in Belém, Brazil, on November 11, 2025. The hybrid projects use solar and wind resources in Brazil to reduce emissions and deliver on the Summit's call for greater climate action.

Norway's Minister of Climate and Environment Andreas Bjelland Eriksen, Governor Jerônimo Rodrigues of the State of Bahia, and Statkraft's CEO Birgitte Ringstad Vartdal inaugurated the solar and hybrid plants Morro do Cruzeiro Solar (76 MWp) and Santa Eugênia Solar (198 MWp) located in the state of Bahia. Statkraft is also commissioning the 69 MWp Serrita solar farm in Pernambuco this autumn.

Investment and Energy Capacity

The total investment of 2.3 billion NOK is adding 340 MWp of clean energy to Brazil's energy system, representing 5 percent of the new solar capacity in Brazil in 2025. The three solar farms will produce 789 GWh annually, exceeding Norway's annual solar power production. Including the wind farm, total production reaches 3400 GWh annually.

These projects are estimated to save 111,000 tons of CO2 annually. With the addition of these solar and battery plants, Statkraft Brazil's total portfolio will reach 2.3 GW, positioning the company among the major renewable energy companies in the country.

Global Climate Goals and Strategic Impact

Birgitte Ringstad Vartdal, President and CEO of Statkraft, stated that these projects directly support the global goals of tripling renewable energy capacity, ensuring a just transition from fossil fuels, and fostering sustainable local development. She described this as "green transition in practice, and a clear signal that Statkraft is delivering results that matter for Brazil and the global climate effort."

Fernando de Lapuerta, Executive Vice President of Statkraft's international business, explained that by investing in innovative renewable solutions and working closely with local communities, the company is supporting Brazil's energy transition and contributing to global climate goals. The projects help phase out fossil energy sources and strengthen a more robust, diversified, and emission-free energy mix in Brazil, a country already among the world's leaders in renewables.

The projects also support development in northeast Brazil, a region with significant growth and opportunity needs.

Climate Scenarios and Temperature Projections

In the most optimistic scenario of Statkraft's Green Transition Scenarios, global warming can be limited to 1.9 degrees, in line with the Paris Agreement's 2 degrees goal, but not sufficient for 1.5 degrees. However, if progress in the energy transition doesn't continue at a rapid pace, the report predicts a temperature increase of around 2.4 degrees Celsius, with major consequences for people and the planet.

Lapuerta noted that COP30 in Belém marks a pivotal moment for global climate action. He stated that their scenarios show it is still possible to reach the 2-degree target of the Paris Agreement, but this requires a significantly faster pace of emission cuts than currently observed. He emphasized that solar energy, in combination with batteries and wind power, is the fastest and cheapest way to cut emissions and ensure a just transition.

Technology Integration and Community Impact

The projects combine solar, wind, and battery storage to address the challenges of variable production and ensure a stable power supply, demonstrating how technology can accelerate the energy transition. Thiago Tomazzoli, Country Manager for Statkraft Brazil, explained the company's commitment to generating positive social impact by creating employment opportunities, enhancing local infrastructure, and establishing vocational training programmes.

As part of efforts to reduce environmental impacts, Statkraft collaborates with communities on various initiatives such as tree planting and beekeeping. The inauguration at COP30 represents a significant milestone in Brazil's renewable energy expansion and demonstrates practical implementation of climate action commitments made at the international summit.

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