Acelen Renewables gathers strategic partners for energy transition project

The primary focus will be on the production of renewable fuels, sustainable aviation fuel (SAF), and renewable diesel, derived from the Macauba – a native Brazilian plant with high energy potential. The company is a subsidiary of Acelen and is sponsored by Mubadala Capital, a global asset management company.

At an event hosted by Acelen on December 7 2023, at the Museum of the Future in Dubai, global authorities and leaders had the opportunity to closely explore Acelen's key initiatives towards the energy transition. Among the guests were Saled Alsuwaidi, Ambassador of the UAE to Brazil; Oscar Fahlgren, CIO of Mubadala Capital and head of Mubadala Capital in Brazil; Arthur Lira, President of the Chamber of Deputies; Pietro Mendes, National Secretary of Oil, Natural Gas, and Biofuels at the Ministry of Mines and Energy; Mauro Mendes, Governor of Mato Grosso; and Eduardo Sodré, Secretary of the Environment for Bahia and vice-governor of Minas Gerais, Mateus Simões.

To underscore the discussion on the future of the energy transition, the company invited renowned author, Paul Polman, an international reference in sustainability in business, to deliver a lecture during the event. Polman was one of the key figures in developing the UN Sustainable Development Goals and currently collaborates with various companies to accelerate actions addressing climate change and inequality.

Throughout the ceremony, Acelen Renewables reiterated its commitment to supporting the planet in significantly reducing its CO₂ emissions, integrating and supporting social and environmental development. "Alongside industry partners and players, the event marks a very important day for our company and for all those, like us, committed to developing actions that contribute to a greener future. We will produce the fuels of the future in Brazil, in a 'fully sustainable' project: economically, socially, and environmentally," commented Luiz de Mendonça, the company's CEO.

"The society of the future is cooperative, and the future of power is to serve." This phrase marked Paul Polman's presence at the event, emphasising that Brazil already has much to be proud of, with 92% of its energy coming from green energy sources, the largest share in the G20.

Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/11122023/acelen-renewables-gathers-strategic-partners-for-energy-transition-project/