Acelen Renewables
Business
We are committed to actively participating in the global energy transition. With a robust and innovative project, Acelen Renewables will invest over $2.5B in its first unit for the production of renewable fuels, SAF (Sustainable Aviation Fuel), and Renewable Diesel. Our expectation is to produce 20,000 barrels/day, around 1 billion liters per year, equivalent to the annual fueling of 1.1 million vehicles.
Focusing on the recovery of degraded lands, at least 5 agro-industrial hubs will be implemented mainly with Macauba cultivation. In total, there will be 200,000 hectares of forests in Bahia and Minas Gerais through public/private partnerships and the use of family farming, capturing up to 355 ton/ha of CO2.
We will produce the fuel of the future in Brazil, in a 100% sustainable project with three main pillars:
Economic
- Low production cost and quick launch of the product to the market
- Verticalization of high-energy crops (Macauba)
- Solution combined with competitive feedstocks
Social
- Large socioeconomic impact on less developed regions in Brazil – a $17B impact on the economy
- 20% of cultivation dedicated to family farming
- 90,000 direct and indirect jobs generated
Environmental
- High carbon capture and low-CI fuel
- 60 million tons of CO2 removed from the atmosphere
- Recovery of degraded land - 80% reduction in CO2 emissions
From Seed to Energy
