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Home > Resources > News > Novelis Invests in Solar Energy to Further Propel Sustainability Goals
Novelis is taking substantial steps toward advancing sustainability and reducing its carbon footprint. The company has recently announced a remarkable investment of over 1 million USD in Brazil, involving two key initiatives.
The primary investment centers on the installation of nearly 1,000 photovoltaic solar panels at the company’s 14 used beverage can collection centers across Brazil. These panels are set to generate an impressive 603.8 MWh of clean energy annually. By embracing solar energy, Novelis aims to make these collection centers self-sufficient for their power needs while simultaneously reducing their carbon footprint. It is estimated that this shift will lead to a remarkable reduction of 231.1 tons of CO2 emissions per year. This reduction is equivalent to the carbon capture potential of 31,229 trees in the Amazon rainforest over a year.
Moreover, this environmentally conscious effort aligns with Novelis’ global sustainability targets, which include a 30% reduction in CO2 emissions by 2026 and a commitment to being carbon neutral by 2050 or sooner.
In addition to solar energy adoption, Novelis is furthering its commitment to sustainability by replacing gas-powered forklifts in the collection centers with electric ones. The company is investing in the acquisition of 16 new electric forklifts, reducing emissions even further.
This endeavor in Brazil is just one facet of Novelis’ broader efforts to promote sustainability and reduce its carbon footprint across the globe. The company is consistently exploring clean energy solutions for its facilities worldwide, underscoring its commitment to a more sustainable and environmentally friendly future.