Gerdau SA (GGB) has released an update.
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Gerdau S.A. is set to bolster its renewable energy capabilities with the construction of the Barro Alto Solar Park in Goiás, investing R$1.3 billion in this solar power project. Once operational, the park will supply a significant portion of the company’s energy needs for its steel production units in Brazil, reducing its carbon footprint by 65,000 tCO2e annually. This initiative aligns with Gerdau’s strategy to enhance competitiveness through clean energy adoption.
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