Pakistan Has the Capacity to Produce 30,000 MW of Renewable Energy
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China-Brazil's collaboration on green energy production will be a big hit for Brazilian economic transformation. The cooperation would benefit both countries.
China, the protagonist of green energy production, joins hands with Brazil in promoting and generating clean power. With Chinese technology and capital finance, the country plays a significant role in the transition of Brazil toward sustainable energy production.
Brazil has been keenly interested in wind and solar energy development in recent years, with a target of using 45 percent of green energy in total energy consumption by 2030.
Chinese companies will help Brazil with local energy layout. And the China and Brazil collaboration in green energy production will benefit Brazil’s economic transformation. However, to meet the challenges of the energy crisis and climate change, there should be more international partners to collaborate with Brazil in green energy production.
Lin Boqiang, Head China Institute for Studies in Energy Policy at Xiamen University.
According to Chen Daobiao, general manager of the Brazilian branch of State Grid Corp of China, Brazil and China's collaboration on green energy production will potentially lead to cooperation between the two countries.
In recent years, Brazilian companies have also been taking part in cooperating with Chinese partners.
Vale, a Brazilian mining company, has been a reliable raw material supplier of the Chinese steel industry for 50 years.
"We will continue to offer high-quality iron ore products to the country to support the continued development of its economy and further deepen our strategic partnership in sustainable mining and low-carbon solutions."
Alexandre Silva D'Ambrosio, Executive VP Corporate External Affairs.
Moreover, CBMM, a Brazilian mining company, declared shifting thirty-five percent of its revenue toward the new energy battery and EV industry by 2030.
According to Zhu Yi, a senior analyst for metals and mining at Bloomberg Intelligence said,
China’s steel industry sources over seventy percent of its iron from overseas suppliers. Therefore, steel mills require better-quality iron ore to cut carbon emissions by 30 percent from the peak level in 2030.
In conclusion, with Brazil’s abundant renewable power generation resources, and China’s high-end technological resources, the two countries will make a big difference in the history of green energy production.
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BAKU, Azerbaijan, June 1, Musadik Malik, Minister of State Petroleum Pakistan, said in the Baku Energy Week that Pakistan could generate 30,000 MW of renewable energy.
China-Brazil's collaboration on green energy production will be a big hit for Brazilian economic transformation. The cooperation would benefit both countries.
Pakistan is making efforts to promote alternative renewable energy production. The country targets conversion to electric vehicles by 30% in the next seven years. And the number is expected to rise to 90% by 2040.
IIL, known as International Industries Limited, is the leading manufacturer and exporter of steel and polymer pipes in Pakistan.
