Albioma commissions fourth all-bagasse cogen plant in Brazil
France-headed independent energy provider Albioma SA has announced that it successfully completed industrial commissioning on December 25, 2020, at its all-bagasse Vale do Paraná Albioma plant in Brazil. Located at the Vale do Paraná sugar mill and ethanol biorefinery in the town of Suzanápolis in São Paulo state, the plant is the Group's fourth in Brazil.
Since 2014, Albioma has rolled out the Group’s pioneering model in Brazil, the world’s leading producer of sugar and cane ethanol. Albioma purchased and upgraded three existing cogeneration plants (in Rio Pardo, Codora, and Esplanada), which the company says are now delivering “enviable operational performance” following investments to improve cogeneration efficiency and decrease the partner sugar mill’s steam consumption.
The new 48 MW installed power capacity plant will be able to export up to 30 MW of renewable electricity to the grid and is covered by a long-term, inflation-indexed power purchase agreement (PPA) that secures annual electricity sales of 120 GWh until 2046.
Representing an investment of BRL 121 million (≈ EUR 18.7 million), Vale do Paraná Albioma was the first Brazilian project for which the Group handled the construction and network connection works as well as the subsequent operation, via a 2016 joint venture between Albioma and Vale do Paraná S/A.
The plant adjoins the similarly-named sugar refinery and distillery, which can crush up to 2 million tonnes of sugar cane annually.
We are delighted to announce the commissioning of the Vale do Paraná Albioma plant in Brazil, which was completed on schedule and within budget, underscoring our expertise in international markets. The huge potential for productivity and energy efficiency gains in this fast-developing country led Albioma to enter the market, which naturally remains one of the Group’s export priorities for the coming years. Congratulations to all our personnel in Brazil, said Frédéric Moyne, Chairman, and CEO of Albioma.