Environment Brazil's Gerdau to invest $277mln into solar-, wind-powered steelmaking Brazil-based Gerdau will invest up to 1.5 billion Reais ($277 million) in solar and wind power projects by acquiring a third of energy generation and commercialization company Newave Energia, advancing its decarbonization goals, the steelmaker said on Friday November 25. Greenfield projects carried out by Newave will have around 2.5 gigawatts in capacity and are expected to start operating in 2025 and 2026, according to Gerdau. Newave also has some... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Renato Rostás November 28, 2022 16:09 GMT São Paulo Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}