Potential offtaker

Claro S.A.

www.claro.com.br

Estimated electricity consumption

N/A

Countries of production presence

N/A

Claro S.A. is a leading telecommunications company based in Brazil that provides mobile, fixed-line, and broadband services to millions of customers across the country. The company has a strong commitment to sustainability and has been actively working towards decarbonisation and reducing its carbon footprint. Claro S.A. recognizes that the transition to renewable energy is essential for a sustainable future and has been investing in various initiatives to achieve this goal.

One of the key areas of focus for Claro S.A. is corporate energy. The company has been implementing energy efficiency measures across its operations to reduce its energy consumption and carbon emissions. This includes the use of energy-efficient equipment, such as LED lighting and efficient air conditioning systems, as well as the implementation of energy management systems to monitor and optimize energy use.

In addition to energy efficiency measures, Claro S.A. has also been investing in renewable energy sources. The company has been actively pursuing corporate power purchase agreements (PPAs) with renewable energy providers to source a significant portion of its energy needs from renewable sources. These agreements allow Claro S.A. to support the development of new renewable energy projects while also reducing its carbon footprint.

One example of Claro S.A.'s commitment to renewable energy is its recent PPA agreement with a wind power project in Bahia, Brazil. The project is expected to generate over 1.2 million MWh of renewable energy per year, which is equivalent to the energy consumption of approximately 600,000 households. By sourcing a significant portion of its energy needs from this project, Claro S.A. will be able to reduce its carbon emissions by over 1 million tons per year.

In addition to its PPA agreements, Claro S.A. has also been investing in its own renewable energy projects. The company has installed solar panels on the roofs of its buildings and has implemented a number of other renewable energy projects across its operations. These initiatives not only help to reduce the company's carbon footprint but also provide a reliable source of energy for its operations.

Claro S.A. has also been actively working towards decarbonisation in other areas of its operations. The company has implemented a number of initiatives to reduce its use of fossil fuels, such as the use of electric vehicles in its fleet and the implementation of telecommuting programs for its employees. These initiatives not only help to reduce the company's carbon footprint but also provide cost savings and other benefits.

Overall, Claro S.A. is a leading telecommunications company in Brazil that is committed to sustainability and decarbonisation. The company has been investing in various initiatives to reduce its carbon footprint and transition to renewable energy sources. Through its corporate energy and PPA initiatives, Claro S.A. is helping to support the development of new renewable energy projects while also reducing its own carbon emissions.

✓ Current offtaker under Corporate PPA's