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Faro Energy awarded “Best for the World - Environment” in 2019 by B Lab

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Faro Energy awarded “Best for the World - Environment” in 2019 by B Lab

The award recognizes companies in the top 10% of B-Corps globally for protecting the environment

 

B-Lab, a global non-profit organization that certifies companies that have high standards of social and environmental performance, has announced the honorees for the Best for the World 2019 award. The program has already certified 3,000 companies in different categories such as: employees, community, clients, environment and corporative governance.  Only 10% of these certified companies win the award, reaching the highest score on the environment criteria.

Faro Energy, a company focused on distributed generation of solar energy in Brazil, was awarded “Best for the World” for the third time in a row, in the Environment List, because of its sustainable practices and commitment to the renewable energy market. In 2017, the company was highlighted for Best of the World in the Long Term and in 2018 for its corporate governance practices.

“Being selected as Best for the World for the third time is an important recognition of all the work we have done so far towards building the Brazilian solar market. We are proud that our profits are so aligned with positive climate impact.”, says Sarah Chapman, CEO of Faro Energy.

 About B Corps

Certified B Corporations are businesses that meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose. B Corps are accelerating a global culture shift to redefine success in business and build a more inclusive and sustainable economy.

Check more details about the Best of the World award by clicking here:

About Faro Energy

The Faro Energy Group, headquartered in London, invests in and develops renewable energy projects in Latin America. As of 2019, it is primarily focused on the rapidly growing distributed solar generation market in Brazil. Faro invests 100% of necessary capital to build, operate and maintain all solar power plants, establishing a long-term rental agreement with its client. Faro is very proud to be a B Corp. For further information, go to our website:  

 

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Faro Energy awarded “Best for the World - Environment” in 2019 by B Lab

The award recognizes companies in the top 10% of B-Corps globally for protecting the environment

 

B-Lab, a global non-profit organization that certifies companies that have high standards of social and environmental performance, has announced the honorees for the Best for the World 2019 award. The program has already certified 3,000 companies in different categories such as: employees, community, clients, environment and corporative governance.  Only 10% of these certified companies win the award, reaching the highest score on the environment criteria.

Faro Energy, a company focused on distributed generation of solar energy in Brazil, was awarded “Best for the World” for the third time in a row, in the Environment List, because of its sustainable practices and commitment to the renewable energy market. In 2017, the company was highlighted for Best of the World in the Long Term and in 2018 for its corporate governance practices.

“Being selected as Best for the World for the third time is an important recognition of all the work we have done so far towards building the Brazilian solar market. We are proud that our profits are so aligned with positive climate impact.”, says Sarah Chapman, CEO of Faro Energy.

 About B Corps

Certified B Corporations are businesses that meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose. B Corps are accelerating a global culture shift to redefine success in business and build a more inclusive and sustainable economy.

Check more details about the Best of the World award by clicking here:

About Faro Energy

The Faro Energy Group, headquartered in London, invests in and develops renewable energy projects in Latin America. As of 2019, it is primarily focused on the rapidly growing distributed solar generation market in Brazil. Faro invests 100% of necessary capital to build, operate and maintain all solar power plants, establishing a long-term rental agreement with its client. Faro is very proud to be a B Corp. For further information, go to our website:  

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Faro Energy laureada como “Melhor para o Mundo - Meio Ambiente” em 2019 pela B Lab

 

Prêmio reconhece 10% das B Corps em nível global que estão empenhadas em proteger o meio ambiente

 

Conferida pelo B Lab, organização sem fins lucrativos que certifica empresas com alta performance social e ambiental de todo o mundo, acaba de lançar a lista de premiação dos Melhores para o Mundo de 2019. O programa já certificou cerca de três mil empresas, onde avalia diversos quesitos como a relação com os funcionários, comunidade, clientes, meio ambiente e práticas de governança corporativa. As premiações de destaque, contudo, são somente concedidas a 10% das empresas certificadas que alcançaram a maior pontuação dentro dos quesitos avaliados no ano em questão.

A Faro Energy, referência no Brasil em geração distribuída de energia solar, recebe o prêmio de Melhores Para o Mundo pelo terceiro ano consecutivo, desta vez com destaque para o Meio Ambiente, por suas práticas e desenvolvimento de negócios de energia sustentável. Em 2017, a empresa foi destaque nos Melhores para o Mundo no Longo Prazo e em 2018 por suas práticas de Governança.

 “Ser selecionado com o selo de Melhor para o Mundo pela terceira vez é um reconhecimento muito importante de todo o trabalho que temos realizado na construção do mercado solar brasileiro. Estamos muito contentes de nossos avanços estarem tão ligados a um impacto ambiental positivo”, pontua Sarah Chapman, CEO da Faro Energy. 

Sobre as B Corps

B Corps certificadas são empresas cujos negócios atingem alto padrão de performance social e ambiental, transparência e prestação de contas para balancear lucros e propósito. As B Corps estão acelerando uma transição da cultura global para redefinir o sucesso nos negócios e construir uma economia mais inclusiva e sustentável.  

   

Confira os detalhes de seleção do prêmio “Melhor para o mundo” clicando aqui.

Sobre a Faro Energy

A Faro Energy é uma empresa de investimento em projetos de geração de energia solar distribuída. Com sede em Londres e escritório em São Paulo, a empresa teve início no País em fevereiro de 2016, possuindo um portfólio em rápido crescimento. A companhia investe 100% do capital necessário para implantar, gerir e manter a planta, com um modelo de negócios que prevê um acordo de longo prazo junto ao contratante a partir de um contrato de locação da usina. A Faro tem orgulho em fazer parte da comunidade B Corp. Para mais informações, acesse nosso website:

Informações à imprensa
NB Press Comunicação
imprensa@faroenergy.com / faroenergy@nbpress.com

(11) 3254-6464

 

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[PRESS RELEASE] Faro Energy launches new solar plant in Pernambuco, Brazil

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Faro Energy launches new solar plant in Pernambuco, Brazil

 

The Solar power plant will generate 1,027 MWh/year, equivalent to the electricity required for 700 houses in the state of Pernambuco

 

Faro Energy, an English group which invests in solar energy projects across Latin America, has launched its new solar power plant in Brazil. It is located in Afogados da Ingazeira, a countryside region of Pernambuco, and is the third power plant in operation by Faro Energy in Brazil, just a few weeks after the inauguration of another power plant in Pirapora, Minas Gerais.

 

The BRL 2.5 million (US$ 750k) project includes over 1.440 solar panels and produces 475 kWp power. The system covers 15,000 m² of built surface and will generate 1.027 MWh of clean energy each year, equivalent to that used by more than 700 households in Pernambuco State. The new system will avoid the emission of 452 tonnes of carbon dioxide each year.

 

The project started operation in April 2019. The solar plant is part of a long-term system rental agreement between Faro Energy and a local retail group. The main purpose of the project is to provide energy to more than 14 stores in the state of Pernambuco.

 

The upfront investment required to build solar power plant was made entirely by Faro Energy as a part of the agreement with the client, which benefits from all of energy produced by the system and injected into to the local distribution grid. The client can use the energy credits at any of their facilities within the covered area.

 

The long-term rental agreement includes all the operation and maintenance for the plant to be provided by Faro Energy and its partners. "The potential for solar power in the Northeast region of Brazil is huge”, said Pedro Mateus, Faro Energy's Head of Brazil and CFO. “Solar irradiation is naturally very high in the region, creating attractive investment opportunities.” added Mateus.

 

 

 

About Faro Energy:

The Faro Energy Group, headquartered in London, invests in and develops renewable energy projects in Latin America. As of 2019, it is primarily focused on the rapidly growing distributed solar generation market in Brazil. Faro invests 100% of necessary capital to build, operate and maintain all solar power plants, establishing a long-term rental agreement with its client. Faro is very proud to be a B Corp.

 

 

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Faro Energy launches new solar plant in Pernambuco, Brazil

 

The Solar power plant will generate 1,027 MWh/year, equivalent to the electricity required for 700 houses in the state of Pernambuco

 

Faro Energy, an English group which invests in solar energy projects across Latin America, has launched its new solar power plant in Brazil. It is located in Afogados da Ingazeira, a countryside region of Pernambuco, and is the third power plant in operation by Faro Energy in Brazil, just a few weeks after the inauguration of another power plant in Pirapora, Minas Gerais.

 

The BRL 2.5 million (US$ 750k) project includes over 1.440 solar panels and produces 475 kWp power. The system covers 15,000 m² of built surface and will generate 1.027 MWh of clean energy each year, equivalent to that used by more than 700 households in Pernambuco State. The new system will avoid the emission of 452 tonnes of carbon dioxide each year.

 

The project started operation in April 2019. The solar plant is part of a long-term system rental agreement between Faro Energy and a local retail group. The main purpose of the project is to provide energy to more than 14 stores in the state of Pernambuco.

 

The upfront investment required to build solar power plant was made entirely by Faro Energy as a part of the agreement with the client, which benefits from all of energy produced by the system and injected into to the local distribution grid. The client can use the energy credits at any of their facilities within the covered area.

 

The long-term rental agreement includes all the operation and maintenance for the plant to be provided by Faro Energy and its partners. "The potential for solar power in the Northeast region of Brazil is huge”, said Pedro Mateus, Faro Energy's Head of Brazil and CFO. “Solar irradiation is naturally very high in the region, creating attractive investment opportunities.” added Mateus.

 

 

 

About Faro Energy:

The Faro Energy Group, headquartered in London, invests in and develops renewable energy projects in Latin America. As of 2019, it is primarily focused on the rapidly growing distributed solar generation market in Brazil. Faro invests 100% of necessary capital to build, operate and maintain all solar power plants, establishing a long-term rental agreement with its client. Faro is very proud to be a B Corp.

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Faro Energy inaugura novo projeto de energia solar em Pernambuco

 

Foram investidos R$2,5 milhões na planta, que terá capacidade para gerar 1.027 MWh/ano, equivalente ao consumo de aproximadamente 700 habitações pernambucanas

 

O grupo inglês Faro Energy, que realiza investimentos em projetos de energia solar distribuída na América Latina, inaugurou recentemente a sua mais nova planta no Brasil. Localizada no município de Afogados de Ingazeira, no sertão de Pernambuco, é a terceira unidade administrada pela Faro Energy, inaugurada poucas semanas após o lançamento de outra usina construída pela empresa em Pirapora, no interior de Minas Gerais.

 

Com investimentos na ordem de R$ 2,5 milhões, a usina solar possui uma área de 15 mil m², com 1.440 módulos fotovoltaicos instalados. Isso resulta em uma potência total do sistema de 475 kilowatt-pico (KWp). A capacidade de geração é de 1.027 MWh/ano, equivalente ao consumo de aproximadamente 700 habitações em Pernambuco, evitando a emissão de aproximadamente 452 toneladas de CO2/ano.

 

O projeto teve início operacional em abril de 2019, e faz parte de um contrato de locação de equipamentos de longo prazo capitaneado pela Faro Energy junto a um grande grupo do setor varejista. O projeto atenderá cerca de 14 lojas situadas no estado de Pernambuco.

 

Com o investimento inicial realizado pela própria Faro Energy junto ao cliente do projeto, toda a energia gerada pela usina é enviada para a rede da distribuidora do local onde a planta foi alocada. Com isso, o cliente pode receber os créditos de energia em qualquer unidade consumidora dentro da área de concessão.

 

O contrato da planta prevê uma locação a longo prazo, com toda a operação e manutenção do projeto realizada pela própria Faro Energy e por seus parceiros. "O potencial de desenvolvimento de projetos de energia solar distribuída nos municípios do Nordeste brasileiro é gigantesco", afirma Pedro Mateus, diretor financeiro e responsável pela operação da Faro Energy no Brasil. “Tanto do ponto de vista de capacidade natural de produção solar, como também das oportunidades de investimentos na região”, complementa o executivo.

 

Sobre a Faro Energy:

A Faro Energy é uma empresa de investimento em projetos de geração de energia solar distribuída. Com sede em Londres e escritório em São Paulo, a empresa teve início no País em fevereiro de 2016, possuindo um portfólio em rápido crescimento. A companhia investe 100% do capital necessário para implantar, gerir e manter a planta, com um modelo de negócios que prevê um acordo de longo prazo junto ao contratante a partir de um contrato de locação da usina. A Faro tem orgulho em ser uma empresa com certificação B Corp, como companhia que segue altos padrões de transparência, responsabilidade e desempenho.

 

Informações à imprensa
NB Press Comunicação
Igor Reis/Priscila Gomes/Tariana Machado
imprensa@faroenergy.com
(11) 3254-6464

 

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[PRESS RELEASE] Faro Energy launches new solar plant in Minas Gerais, Brazil, investing BRL 12 million

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Faro Energy launches new solar plant in Minas Gerais, Brazil, investing BRL 12 million

 

The Solar power plant started operating at the end of March and will generate 5,500 MWh per year, equivalent to the electricity required for 3,710 houses

 

Faro Energy, a London headquartered B Corporation which invests in solar energy projects across Latin America, has launched its new solar power plant in Pirapora, Minas Gerais, southeast of Brazil. The new project is part of the company's plans to expand its operations throughout Brazil in 2019. Three more plants are expected to be launched within the next six months.

 

The R$ 12 million (US$ 3,5 million) project includes over 7,700 solar panels and produces 2.5 MWp power. The system covers 100,000 m2 of built surface, the equivalent to approximately 25 soccer fields. The plant will generate 5,500 MWh of clean energy each year, equivalent to that used by more than 3,700 households in the Minas Gerais State. The new system will avoid the emission of 2,500 tonnes of carbon dioxide each year.

 

This project took eight months to be completed and connected to the local energy distribution grid, coming into operation in late March 2019. The solar plant is part of a long-term system rental agreement between Faro Energy and a Brazilian retail group. The main purpose of the project is to provide energy to more than 300 stores in the state of Minas Gerais.

 

The upfront investment required to build solar power plant was made entirely by Faro Energy as a part of the agreement with the client, which benefits from all of energy produced by the system and injected into to the local distribution grid. The client can use the energy credits at any of their facilities within the covered area.

 

The Pirapora plant contract includes a long-term rent, with the whole operation and maintenance provided by Faro Energy and its partners.

 

“Clean and sustainable renewable energy, such as solar power, is not only beneficial from an environmental perspective – it provides a significant financial benefits for the client both in direct cost savings and in predictability of costs”, said Pedro Mateus, Faro Energy's Head of Brazil and CFO. 

 

 

Key data points:

 

·         7,680 solar panels covering an area of 100,000 m2;

·         Generates 5,500 MWh of clean energy each year;

·         The plant took eight months to be built and started its operations in March 2019.

 

 

About Faro Energy

The Faro Energy Group, headquartered in London, invests in and develops renewable energy projects in Latin America. As of 2019, it is primarily focused on the rapidly growing distributed solar generation market in Brazil. Faro invests 100% of necessary capital to build, operate and maintain all solar power plants, establishing a long-term rental agreement with its client. Faro is very proud to be a B Corp.

 

 

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Faro Energy launches new solar plant in Minas Gerais, Brazil, investing BRL 12 million

 

The Solar power plant started operating at the end of March and will generate 5,500 MWh per year, equivalent to the electricity required for 3,710 houses

 

Faro Energy, a London headquartered B Corporation which invests in solar energy projects across Latin America, has launched its new solar power plant in Pirapora, Minas Gerais, southeast of Brazil. The new project is part of the company's plans to expand its operations throughout Brazil in 2019. Three more plants are expected to be launched within the next six months.

 

The R$ 12 million (US$ 3,5 million) project includes over 7,700 solar panels and produces 2.5 MWp power. The system covers 100,000 m2 of built surface, the equivalent to approximately 25 soccer fields. The plant will generate 5,500 MWh of clean energy each year, equivalent to that used by more than 3,700 households in the Minas Gerais State. The new system will avoid the emission of 2,500 tonnes of carbon dioxide each year.

 

This project took eight months to be completed and connected to the local energy distribution grid, coming into operation in late March 2019. The solar plant is part of a long-term system rental agreement between Faro Energy and a Brazilian retail group. The main purpose of the project is to provide energy to more than 300 stores in the state of Minas Gerais.

 

The upfront investment required to build solar power plant was made entirely by Faro Energy as a part of the agreement with the client, which benefits from all of energy produced by the system and injected into to the local distribution grid. The client can use the energy credits at any of their facilities within the covered area.

 

The Pirapora plant contract includes a long-term rent, with the whole operation and maintenance provided by Faro Energy and its partners.

 

“Clean and sustainable renewable energy, such as solar power, is not only beneficial from an environmental perspective – it provides a significant financial benefits for the client both in direct cost savings and in predictability of costs”, said Pedro Mateus, Faro Energy's Head of Brazil and CFO. 

 

 

Key data points:

 

·         7,680 solar panels covering an area of 100,000 m2;

·         Generates 5,500 MWh of clean energy each year;

·         The plant took eight months to be built and started its operations in March 2019.

 

 

About Faro Energy

The Faro Energy Group, headquartered in London, invests in and develops renewable energy projects in Latin America. As of 2019, it is primarily focused on the rapidly growing distributed solar generation market in Brazil. Faro invests 100% of necessary capital to build, operate and maintain all solar power plants, establishing a long-term rental agreement with its client by. Faro is very proud to be a B Corp company 

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Com investimentos de R$ 12 milhões, Faro Energy inaugura usina de energia solar em Minas Gerais

 

Com início da operação realizado no fim de março, planta terá capacidade de geração de energia de 5.500 MWh/ano, equivalente ao consumo de 3.710 habitações

 

A Faro Energy, empresa B Corp sediada em Londres que realiza investimentos em projetos de energia solar distribuída na América Latina, inaugurou no fim de março a sua mais nova planta no país no município de Pirapora, no norte de Minas Gerais. A nova unidade faz parte dos planos da companhia em expandir suas operações de forma expressiva no Brasil em 2019, já prevista a inauguração de mais 3 usinas nos próximos 6 meses.

 

Com investimentos na ordem de R$ 12 milhões, a usina solar possui uma área de 100 mil m² (equivalente a 25 campos de futebol), com cerca de 7.700 módulos fotovoltaicos instalados. Isso resulta em uma potência total do sistema de 2,5 megawatt-pico (MWp). A capacidade de geração limpa é de 5.500 MWh/ano, equivalente ao consumo de 3.700 habitações em Minas Gerais, evitando a emissão de aproximadamente 2.500 toneladas de CO2/ano.

 

O projeto, que levou 8 meses para ser conectado à rede da distribuidora local, e teve início operacional no fim de março de 2019, faz parte de um contrato de locação de equipamentos de longo prazo capitaneado pela Faro Energy junto a um grande grupo do setor varejista. O projeto terá por objetivo atender cerca de 300 lojas situadas no Estado de Minas Gerais.

 

Com o investimento inicial realizado pela própria Faro Energy junto ao cliente do projeto, toda a energia gerada pela usina é enviada para a rede da distribuidora do local onde a planta foi alocada. Com isso, o cliente da unidade pode receber os créditos de energia em qualquer unidade consumidora dentro da área de concessão da distribuidora.

 

O contrato da planta em Pirapora prevê uma locação a longo prazo, com toda a operação e manutenção do projeto realizada pela própria Faro Energy e por seus parceiros.

 

"Entendemos que os benefícios da utilização de uma energia limpa, renovável e sustentável, como a solar, é extremamente relevante não só em termos ambientais e de previsibilidade de custos, mas também de retornos financeiros para o cliente", afirma Pedro Mateus, diretor financeiro e responsável pela operação da Faro Energy no Brasil.

 

Principais destaques:

 

·         7,680 painéis solares cobrindo uma área de 100,000 m²;

·         Geração de 5,500 MWh de energia limpa a cada ano;

·         A planta levou oito meses para ser construída e iniciou operações em março de 2019.

 

 

Sobre a Faro Energy:

A Faro Energy, com sede em Londres, é uma empresa de investimento em projetos de geração de energia solar distribuída na América Latina. A companhia investe 100% do capital necessário para implantar, gerir e manter a planta, com um modelo de negócios que prevê um acordo de longo prazo, junto ao contratante, para locação da usina. A Faro tem muito orgulho em fazer parte da comunidade B Corp.

 

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[PRESS RELEASE] Faro Energy SAS (Faro Energy Ltd’s Colombian business) Acquired via MBO, and Rebranded to Harvest

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Faro Energy SAS (Faro Energy Ltd’s Colombian business) Acquired via MBO, and Rebranded to Harvest

 

On January 23, 2019, the management team of Faro Energy SAS (“Faro Colombia” or “the Company”) led by its co-founder and Executive Director Carlos Urueta reached an agreement with Faro Energy Ltd (“FEL”) its parent company to acquire 100% of FEL’s Colombian business. The terms of the transaction were not disclosed. Faro Colombia will now be known as Harvest.

Based in Barranquilla, Faro Colombia  began commercial operations in 2016 as a developer and investor in distributed generation solar energy projects with long-term energy supply agreements. The Company owns operating solar plants for key Colombian corporates like Terpel SA (largest fuel distributor in Colombia) and real estate and retail clients like Medellin’s luxury shopping mall Centro Comercial Premium Plaza. The Company also boasts a strong pipeline in the agribusiness and mining sectors under exclusive development agreements and ready-to-build systems in 2019.

Harvest will continue to be led by Carlos Urueta and Juan Silva (its Executive Director of Operations). “This transaction will allow Harvest to diversify its funding sources at a critical moment in our business, in order to accelerate growth and enter into other key segments of the Colombian renewable energy space beyond self-generation to now include mid-scale generation plants and biomass. We are pleased to provide our investors broader investment alternatives and structures to capitalize on the emerging Colombian renewables energy space”, said Mr. Urueta.

The Faro Energy Group will now be primarily focused on its rapidly growing distributed solar generation business in Brazil, where it is building more than 35 MW, although will remain a funding partner for Harvest. “This transaction will enable Faro Energy to focus on its biggest market and to streamline its operations.” said Sarah Chapman, Faro Energy CEO. “At the same time it gives the Harvest team the independence and flexibility to diversify its investor base and adapt its business model for the Colombian market. We wish the team every success in continuing to lead the transition to renewable energy in Colombia.”

About Harvest

Harvest (formerly Faro Energy SAS) is a developer and investor in renewable energy projects in Colombia. Harvest identifies and structures generation projects to create world-class investment vehicles.  

About Faro Energy

The Faro Energy Group, headquartered in London, invests in and develops renewable energy projects in Latin America. As of 2019, it is primarily focused on the rapidly growing distributed solar generation market in Brazil.

Press contacts:

Faro Energy: Sarah Chapman, CEO, sarah.chapman@faroenergy.com

Harvest: Carlos Urueta, Partner, carlos@harvest.com.co


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Faro Energy SAS (Faro Energy Ltd’s Colombian business) Acquired via MBO, and Rebranded to Harvest

 

On January 23, 2019, the management team of Faro Energy SAS (“Faro Colombia” or “the Company”) led by its co-founder and Executive Director Carlos Urueta reached an agreement with Faro Energy Ltd (“FEL”) its parent company to acquire 100% of FEL’s Colombian business. The terms of the transaction were not disclosed. Faro Colombia will now be known as Harvest.

Based in Barranquilla, Faro Colombia  began commercial operations in 2016 as a developer and investor in distributed generation solar energy projects with long-term energy supply agreements. The Company owns operating solar plants for key Colombian corporates like Terpel SA (largest fuel distributor in Colombia) and real estate and retail clients like Medellin’s luxury shopping mall Centro Comercial Premium Plaza. The Company also boasts a strong pipeline in the agribusiness and mining sectors under exclusive development agreements and ready-to-build systems in 2019.

Harvest will continue to be led by Carlos Urueta and Juan Silva (its Executive Director of Operations). “This transaction will allow Harvest to diversify its funding sources at a critical moment in our business, in order to accelerate growth and entry into other key segments of the Colombian renewable energy space beyond self-generation to now include mid-scale generation plants and biomass. We are pleased to provide our investors broader investment alternatives and structures to capitalize on the emerging Colombian renewables energy space”, said Mr. Urueta.

The Faro Energy Group will now be primarily focused on its rapidly growing distributed solar generation business in Brazil, where it is building more than 35 MW, although will remain a funding partner for Harvest. “This transaction will enable Faro Energy to focus on its biggest market and to streamline its operations.” said Sarah Chapman, Faro Energy CEO. “At the same time it gives the Harvest team the independence and flexibility to diversify its investor base and adapt its business model for the Colombian market. We wish the team every success in continuing to lead the transition to renewable energy in Colombia.”

About Harvest

Harvest (formerly Faro Energy SAS) is a developer and investor in renewable energy projects in Colombia. Harvest identifies and structures generation projects to create world-class investment vehicles.  

About Faro Energy

The Faro Energy Group, headquartered in London, invests in and develops renewable energy projects in Latin America. As of 2019, it is primarily focused on the rapidly growing distributed solar generation market in Brazil.

Press contacts:

Faro Energy: Sarah Chapman, CEO, sarah.chapman@faroenergy.com

Harvest: Carlos Urueta, Partner, carlos@harvest.com.co


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Faro Energy SAS (o braço colombiano da Faro Energy Ltd) adquirido via MBO, e reformulado para Harvest

 

Em 23 de janeiro de 2019, o time gerencial da Faro Energy SAS (“Faro Colombia” ou a “Empresa”), liderada por seu cofundador e Diretor Executivo Carlos Urueta realizou um acordo com a Faro Energy Ltda (“FEL”), sua empresa matriz, para adquirir 100% dos negócios da FEL na Colômbia. Os termos da transação não foram divulgados. A Faro Colômbia agora passa a ser chamada de Harvest.

Baseado em Barranquilla, a Faro Colômbia iniciou suas operações comerciais em 2016 como desenvolvedora e investidora de projetos de longo prazo em energia solar para geração distribuída. A empresa possui sistemas solares em operação para importantes Companhias na Colômbia como a Terpel AS (maior distribuidor de combustível) e clientes do setor imobiliário e varejo como o shopping de luxo Centro Comercial Premimum Plaza de Medellin. A empresa também ostenta um forte pipeline no agronegócio e no setor de mineração com acordos de desenvolvimento para projetos ready-to-build em 2019.

A Harvest continuará a ser liderada por Carlos Urueta e Juan Silva (Diretor Técnico). “Esta transação vai permitir que a Harvest possa diversificar suas fontes de financiamento em um momento crítico para o nosso negócio, com o intuito de acelerar o crescimento e entrar em outros segmentos-chave além do mercado colombiano de autogeração em energias renováveis, incluindo plantas de geração em média escala e biomassa. Nós estamos contentes em oferecer aos nossos investidores outras alternativas e maior estrutura para capitalizar o emergente mercado colombiano de energias renováveis”, disse o Sr. Urueta.

O Faro Energy Group continuará agora focando o seu crescimento no crescente mercado de energia distribuída brasileiro, onde está construindo mais de 35 MW, embora ainda continue sendo um parceiro investidor da Harvest. “Esta transação permite a Faro Energy focar no seu maior mercado aperfeiçoar suas operações” diz Sarah Chapman, Faro Energy CEO. “Ao mesmo tempo isso dá ao time da Harvest a independência e flexibilidade para diversificar sua base de investidores e adaptar seu modelo de negócio para o mercado colombiano. Nós desejamos ao time todo o sucesso na continuidade de liderar a transição do mercado de energias renováveis na Colômbia”.

 

Sobre a Harvest

 A Harvest (antiga Faro Energy SAS) é uma desenvolvedora e investidora em projetos de energia renovável na Colômbia. A Harvest identifica e estrutura projetos de geração que criam investimentos em nível global.

Sobre a Faro Energy

A Faro Energy Group, sediada em Londres, investe e desenvolve projetos de energia renovável na América Latina. A partir de 2019, seu foco primário é o crescimento em projetos de energia distribuída no crescente mercado do Brasil.

 

Principais Contatos:

Faro Energy: Sarah Chapman, CEO, sarah.chapman@faroenergy.com

Harvest: Carlos Urueta, Sócio, carlos@harvest.com.co

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[PRESS RELEASE] Faro Energy delivers new solar plant in Medellin, Premium Plaza Shopping Mall

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Faro Energy delivers new solar plant in Medellin, Premium Plaza Shopping Mall

 

Medellin's elite shopping mall, Centro Comercial Premium Plaza (Premium) has reaffirmed its commitment to the environment by announcing its new solar plant. The plant is part of a long-term bilateral energy purchase agreement between Premium and Faro Energy (Faro) where Faro invests and manages the plant throughout its useful life and Premium buys clean energy.

The plant has more than 1,200 solar panels covering 4,000 square meters of built surface, the equivalent to approximately half a football pitch and generates 611 MWh of clean energy each year. The electricity generated by the plant is equal to the energy consumed by more than 500 Colombian homes and represents 28% of the energy consumed by Premium. The new system will prevent the emission of 455 tons of CO2 each year, the equivalent of removing 1,500 cars from circulation each year.

The project represents the strong growth Colombia is experiencing in the development of non-conventional renewable energy and how the private sector increasingly values on-site renewable energy solutions, prioritising environmental benefits and reducing energy costs.

“Premium Plaza is one of the most recognised shopping malls in Medellin and Colombia. We hope this project inspires visitors to learn more about the solar revolution taking place among Colombian corporates. I am excited to be part of Faro's pioneering efforts in Colombia" – Gabriel Umaña, Business Development Manager, Faro Energy in Colombia.

“Premium Plaza project was built and certified according to the highest design and construction standards defined by NABCEP (leading authority in the field of solar energy in North America) and reinforced with a Colombian RETIE certification. This, in addition to the quality and global recognition of the manufacturers of the equipment used in each component of the plant, is the best guarantee that we will have a highly performing plant for the next thirty years” Juan David Silva, Operations Director for Faro Energy in Colombia.

Key data points:

  • 422 kWp (kWp = kilowatt peak = nominal power of the solar panels);

  • 1,278 solar panels covering an area of 4,000 square meter equivalent to half a football pitch;

  • During the installation 20 new jobs were created;

  • The installation took two months to build; the plant came online in August 2018.

 

About Premium Plaza

Premium is one of the most emblematic shopping malls of Medellin and Colombia. Its environmental program, Pilas con el Planeta, places Premium as the leading shopping mall in the country in terms of energy efficiency, LED illumination, resource management optimisation and carbon footprint measurement. The facility has an area of 115.000 square meters that includes 260 separate tenants, 3 food courts and other sporting attractions. Premium has been in operation since 2007.

 

About Faro Energy

Faro Energy is an investment company and asset manager that develops distributed solar projects to sell energy to large and exceptional energy consumers (both industrial and commercial). Faro invests 100% of the capital needed to develop energy plants and the off-takers agree to purchase the electricity through a long-term power purchase agreement. As owner of the plant, Faro manages and operates the asset during its useful life. Solar energy offers clients energy savings and greater visibility to manage costs. Faro operates from Brazil, Colombia and the UK.

 

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Faro Energy presenta nueva planta solar en Medellín

 

Centro Comercial Premium Plaza P.H. (Premium) en Medellín reafirma su compromiso ambiental confiando su transición hacia energía sostenible a Faro Energy SAS (Faro).

Con la inversión y gestión de Faro, Premium presentó sistema de energía solar conformado por más de 1.200 paneles solares fotovoltaicos instalados en una superficie de 4.000 metros cuadrados, el equivalente a media cancha de fútbol que generará 611 MWh de energía limpia cada año. La energía de esta planta correspondiente al consumo mensual de más de 500 hogares colombianos y representa el 28% de la demanda mensual de energía de este importante centro comercial. El nuevo sistema también evitará la liberación de 455 toneladas de CO2 a la atmósfera cada año, el equivalente a sacar de circulación 1.500 vehículos.

El proyecto se ejecutó con base en un acuerdo bilateral de compra de energía suscrito entre Premium y Faro. Faro, gestor y titular de los activos, estará a cargo de la operación y mantenimiento de la planta durante su vida útil. El proyecto refleja el crecimiento de la implementación de energía renovable no convencional en el país y la manera como el sector privado incorpora este tipo de energía por sus beneficios económicos y ambientales.

“Premium Plaza es uno de los centros comerciales más reconocidos de Medellín y del país. Esperamos que este proyecto inspire a los visitantes a conocer y entender mejor la revolución solar que se está dando en Colombia. Estoy muy contento de hacer parte de esta importante iniciativa que promueve Faro en Colombia” dijo Gabriel Umaña, Gerente Comercial de Faro Energy en Colombia.

“El proyecto de Premium Plaza cumple con los más altos estándares de diseño y construcción definidos por NABCEP (máxima autoridad norteamericana en energía renovable) y reforzados por la certificación colombiana RETIE. Sumado a la alta calidad y reconocimiento de los fabricantes de los componentes utilizados en la construcción aseguraremos un desempeño sobresaliente durante los próximos 30 años” dijo el Director de Operaciones de Faro Energy, Juan David Silva.

 

Datos de interés:

  • 422 kWp (kWp = kilovatio pico = potencia nominal de los paneles solares);

  • 1.278 paneles solares instalados y área construida de 4.000 metros cuadrados equivalente a media cancha de fútbol;

  • Durante la fase de instalación se crearon 20 empleos directos;

  • La instalación del sistema de energía solar tardó 2 meses y finalizó en agosto de 2018.

 

Acerca de Premium Plaza

Con sus 115,000 metros cuadrados, que incluye más de 260 locales, 3 plazoletas de comida, entre otros, Premium Plaza es uno de los centros comerciales más emblemáticos de Medellín y del país. Premium cuenta con un programa de responsabilidad social ambiental llamado Pilas con el Planeta que ha hecho al centro comercial pionero en temas de eficiencia energética, iluminación LED, optimización de recursos y medición de huella de carbono. Premium Plaza opera desde el 2007.

 

Acerca de Faro Energy

Faro Energy es una empresa de inversión y gestor de activos concentrada en proyectos de energía renovable tanto de generación (inyección directa a la red) como de autogeneración (generación en sitio, 'generación distribuida'). Los proyectos de Faro comprenden un rango de potencias instaladas entre 500 kWp y 15 MWp (potencia pico). FARO invierte 100% del capital requerido en sus proyectos para suplir/vender energía contratada a largo plazo. FARO gestiona múltiples entidades proyecto, administra y opera portafolio de activos durante su vida útil. La trayectoria de FARO inicia a finales de la década de los 2000s con el financiamiento de créditos de carbón en China y en los mercados de capitales de Londres y Nueva York. FARO opera desde Brasil, Colombia e Inglaterra. 

 

.. 

Faro Energy delivers new solar plant in Medellin, Premium Plaza Shopping Mall

 

Medellin's elite shopping mall, Centro Comercial Premium Plaza (Premium) has reaffirmed its commitment to the environment by announcing its new solar plant. The plant is part of a long-term bilateral energy purchase agreement between Premium and Faro Energy (Faro) where Faro invests and manages the plant throughout its useful life and Premium buys clean energy.

The plant has more than 1,200 solar panels covering 4,000 square meters of built surface, the equivalent to approximately half a football pitch and generates 611 MWh of clean energy each year. The electricity generated by the plant is equal to the energy consumed by more than 500 Colombian homes and represents 28% of the energy consumed by Premium. The new system will prevent the emission of 455 tons of CO2 each year, the equivalent of removing 1,500 cars from circulation each year.

The project represents the strong growth Colombia is experiencing in the development of non-conventional renewable energy and how the private sector increasingly values on-site renewable energy solutions, prioritising environmental benefits and reducing energy costs.

“Premium Plaza is one of the most recognised shopping malls in Medellin and Colombia. We hope this project inspires visitors to learn more about the solar revolution taking place among Colombian corporates. I am excited to be part of Faro's pioneering efforts in Colombia" – Gabriel Umaña, Business Development Manager, Faro Energy in Colombia.

“Premium Plaza project was built and certified according to the highest design and construction standards defined by NABCEP (leading authority in the field of solar energy in North America) and reinforced with a Colombian RETIE certification. This, in addition to the quality and global recognition of the manufacturers of the equipment used in each component of the plant, is the best guarantee that we will have a highly performing plant for the next thirty years” Juan David Silva, Operations Director for Faro Energy in Colombia.

Key data points:

  • 422 kWp (kWp = kilowatt peak = nominal power of the solar panels);

  • 1,278 solar panels covering an area of 4,000 square meter equivalent to half a football pitch;

  • During the installation 20 new jobs were created;

  • The installation took two months to build; the plant came online in August 2018.

 

About Premium Plaza

Premium is one of the most emblematic shopping malls of Medellin and Colombia. Its environmental program, Pilas con el Planeta, places Premium as the leading shopping mall in the country in terms of energy efficiency, LED illumination, resource management optimisation and carbon footprint measurement. The facility has an area of 115.000 square meters that includes 260 separate tenants, 3 food courts and other sporting attractions. Premium has been in operation since 2007.

 

About Faro Energy

Faro Energy is an investment company and asset manager that develops distributed solar projects to sell energy to large and exceptional energy consumers (both industrial and commercial). Faro invests 100% of the capital needed to develop energy plants and the off-takers agree to purchase the electricity through a long-term power purchase agreement. As owner of the plant, Faro manages and operates the asset during its useful life. Solar energy offers clients energy savings and greater visibility to manage costs. Faro operates from Brazil, Colombia and the UK.

 

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[PRESS RELEASE] Faro Issues Brazil's First Certified Green Bond for Solar

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Faro Energy Issues Brazil's First Certified Green Bond for Solar

Distributed Solar Co Adopts Best Practice in Green Finance

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Faro Energy Issues Brazil's First Certified Green Bond for Solar

Distributed Solar Co Adopts Best Practice in Green Finance

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Faro Energy emite primeiro título verde brasileiro para energia solar

Distributed Solar Co adota melhores práticas em finanças verdes

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PRESS RELEASE: LONDON / SÃO PAULO, 10th July 2018

Faro Energy has issued the first Certified Green Bond for solar energy in Brazil.

The bond will be used to finance distributed solar power projects across Brazil. The Brazilian solar market is growing rapidly and green financing solutions are critical to enable the market to scale.

While Climate Bonds Certified Green Bonds have previously been issued for wind projects in Brazil and for solar bond financing in Australia, India, Mauritius, Morocco, Nigeria, Singapore, the US and Europe, this is the first time that a Certified Green Bond is being used for solar in Brazil.

This bond has been verified by Bureau Veritas, a leading international verification agency, and Certified according to the Climate Bond Standard & Certification Scheme

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PRESS RELEASE: LONDON / SÃO PAULO, 10th July 2018

Faro Energy has issued the first Certified Green Bond for solar energy in Brazil.

The bond will be used to finance distributed solar power projects across Brazil. The Brazilian solar market is growing rapidly and green financing solutions are critical to enable the market to scale.

While Climate Bonds Certified Green Bonds have previously been issued for wind projects in Brazil and for solar bond financing in Australia, India, Mauritius, Morocco, Nigeria, Singapore, the US and Europe, this is the first time that a Certified Green Bond is being used for solar in Brazil.

This bond has been verified by Bureau Veritas, a leading international verification agency, and Certified according to the Climate Bond Standard & Certification Scheme

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COMUNICADO DE IMPRENSA: LONDRES / SÃO PAULO, 10 de Julho de 2018

A Faro Energy acaba de emitir o primeiro título verde certificado para energia solar no Brasil. O título será usado para financiar projetos de energia solar distribuída em todo o país.

Este é mais um importante passo para o mercado brasileiro de energia solar. Soluções de financiamento verde são essenciais para permitir que o setor cresça em escala e seja dimensionado.

O título foi verificado pelo Bureau Veritas, agência internacional líder em verificação; e certificado de acordo com o Climate Bond Standard & Certification Scheme

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Sarah Chapman, CEO of Faro Energy

“We believe that innovative green finance mechanisms like Green Bonds will be transformational for the distributed solar sector in Brazil over the coming years. We are very proud to achieve this significant milestone for both Faro Energy and the industry more broadly.”

Sean Kidney, CEO of Climate Bonds Initiative

“This issuance is a new foundation for best practice as Brazil's Green Bond market develops. With such a large demand for clean energy, there is enormous potential for offshore investment in solar as part of the low carbon energy mix. Congratulations to Faro Energy for taking the lead in this sector!”

.. 

Sarah Chapman, CEO of Faro Energy

“We believe that innovative green finance mechanisms like Green Bonds will be transformational for the distributed solar sector in Brazil over the coming years. We are very proud to achieve this significant milestone for both Faro Energy and the industry more broadly.”

Sean Kidney, CEO of Climate Bonds Initiative

“This issuance is a new foundation for best practice as Brazil's Green Bond market develops. With such a large demand for clean energy, there is enormous potential for offshore investment in solar as part of the low carbon energy mix. Congratulations to Faro Energy for taking the lead in this sector!”

.. 

Sarah Chapman, CEO, Faro Energy

“Acreditamos que mecanismos inovadores de financiamento verde, como os títulos verdes, serão transformadores para o setor solar de geração distribuída no Brasil nos próximos anos. Estamos muito orgulhosos de alcançar este marco significativo para a Faro Energy e para a indústria de forma mais ampla.”

Sean Kidney, CEO, Climate Bonds Initiative

“Esta emissão é uma nova base para as melhores práticas, conforme o mercado de títulos verdes do Brasil se desenvolve. Com uma demanda tão grande de energia limpa, há um enorme potencial para investimentos offshore em energia solar como parte do mix de energia de baixo carbono. Parabéns à Faro Energy por assumir a liderança neste setor!”

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About Faro Energy

Faro Energy identifies, develops and finances distributed solar energy projects in emerging markets. It is currently focused on solar for commercial and industrial customers in Brazil and Colombia. Faro has offices in Sao Paulo, Barranquilla and London.

Faro Energy is proud to be a Certified B Corporation

..

About Faro Energy

Faro Energy identifies, develops and finances distributed solar energy projects in emerging markets. It is currently focused on solar for commercial and industrial customers in Brazil and Colombia. Faro has offices in Sao Paulo, Barranquilla and London.

Faro Energy is proud to be a Certified B Corporation

..

Sobre a Faro Energy

A Faro Energy identifica, desenvolve e financia projetos de energia solar distribuídos em mercados emergentes. Atualmente, concentra-se em energia solar para clientes comerciais e industriais no Brasil e na Colômbia. Faro tem escritórios em São Paulo, Barranquilla e Londres.

A Faro Energy orgulha-se de ser uma Certified B Corporation

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About Climate Bonds

The Climate Bonds Initiative is an investor-focused not-for-profit, promoting large-scale investment in the low-carbon economy. It undertakes advocacy and outreach to inform and stimulate the market, provides policy models and government advice, market data and analysis and administers the Standards & Certification Scheme.

For more information, please visit www.climatebonds.net

..

About Climate Bonds

The Climate Bonds Initiative is an investor-focused not-for-profit, promoting large-scale investment in the low-carbon economy. It undertakes advocacy and outreach to inform and stimulate the market, provides policy models and government advice, market data and analysis and administers the Standards & Certification Scheme.

For more information, please visit www.climatebonds.net

..

Sobre a Climate Bonds Initiative

A Climate Bonds Initiative é uma organização sem fins lucrativos que promove investimentos em larga escala para a economia de baixo carbono. Para mais informações, visite www.climatebonds.net

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About Climate Bonds Standards

Climate Bonds Standard 2.1 is an overarching science based multi-sector standard that allows investors and intermediaries to easily assess the climate credentials and environmental integrity of bonds claiming to be green and funding the low carbon future.  

..

About Climate Bonds Standards

Climate Bonds Standard 2.1 is an overarching science based multi-sector standard that allows investors and intermediaries to easily assess the climate credentials and environmental integrity of bonds claiming to be green and funding the low carbon future.  

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Sobre a Climate Bonds Standards

O Climate Bonds Standard 2.1 é um padrão multissetorial abrangente baseado em ciência que permite que investidores e intermediários avaliem com facilidade as credenciais climáticas e a integridade ambiental de títulos que alegam ser verdes e financiar o futuro de baixo carbono.

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For more information, please contact:

Pedro Araujo Mateus, CFO, Faro Energy (pedro.mateus@faroenergy.com) +55 11 99923 4817

Chris Hartle, Director, Financial Strategy, Faro Energy (chris.hartle@faroenergy.com) +55 11 5093 6208

Andrew Whiley, Head of Communications, Climate Bonds (andrew.whiley@climatebonds.net) +44 (0) 7506 270 943

..

For more information, please contact:

Pedro Araujo Mateus, CFO, Faro Energy (pedro.mateus@faroenergy.com) +55 11 99923 4817

Chris Hartle, Director, Financial Strategy, Faro Energy (chris.hartle@faroenergy.com) +55 11 5093 6208

Andrew Whiley, Head of Communications, Climate Bonds (andrew.whiley@climatebonds.net) +44 (0) 7506 270 943

..

Para mais informações:

Pedro Araujo Mateus, CFO, Faro Energy (pedro.mateus@faroenergy.com) +55 11 99923 4817

Chris Hartle, Director, Financial Strategy, Faro Energy (chris.hartle@faroenergy.com) +55 11 5093 6208

Andrew Whiley, Head of Communications, Climate Bonds (andrew.whiley@climatebonds.net) +44 (0) 7506 270 943

Mariana Caminha, Brazil Communications, Climate Bonds (mariana.caminha@climatebonds.net) +55 (61) 98135 1800

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This press release can be found on the Climate Bonds Initiative website here

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This press release can be found on the Climate Bonds Initiative website here.

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Este comunicado de imprensa pode ser encontrado no site Climate Bonds Initiative aqui.

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....Faro honoured as "Best for the World" by B-Corp..Faro Energy galardonada como “Best for the World” por B-Corp..Faro Energy homenageada como a “Melhores para o Mundo" pela B-Corp....

Faro Energy honoured as Best for Governance by B-Corp,

Creating Powerful Governance Structures to Protect Company Mission

Evaluated by Comprehensive B Impact Assessment

 

12th June 2018

Today, Faro Energy was recognised for creating innovative governance structures to protect the mission of its business for the long term. The Best For Governance list is based on an independent, comprehensive assessment administered by the nonprofit B Lab. Honourees are featured on B the Change, the digital Medium publication produced by B Lab, at bthechange.com/bestfortheworld.

Faro Energy is honoured in the Best For Governance list, which includes businesses that earned a Governance score in the top 10 percent of more than 2,400 Certified B Corporations on the B Impact Assessment. The full assessment measures a company's impact on its workers, community, customers and the environment. To certify as B Corporations, companies like Faro Energy must complete the full assessment and have their answers verified by B Lab.

"We are all delighted that Faro Energy has been recognised again on B-Corp's "Best for the World" list 2018 for governance! We recently recertified as a B-Corp, and were reminded throughout that process of how being a B-Corp pushes us to think about what more we can do to put our values into practice. The standard is very high, so being in the top 10% is a real honour." Sarah Chapman, CEO, Faro Energy

The Governance portion of the B Impact Assessment evaluates a company’s overall mission, ethics, accountability and transparency. It measures whether the company has adopted a social or environmental mission, and how it engages its employees, board members and the community to achieve that mission. This section assesses employee access to financial information, customers’ opportunities to provide feedback, and the diversity of the company’s governing bodies. Honourees scoring in the top 10 percent set a gold standard for the high impact that business as a force for good can make around the world.

The 233 Best For Governance companies come from 77 different industries and 16 countries. B Lab simultaneously released separate lists recognising B Corporations as Best For The World Overall, Best For Environment, Best For Customers, Best For Workers and Best For Community, which can be found at bthechange.com/bestfortheworld. In autumn, B Lab will release the Best For The World: Changemakers and the Best For The World Funds lists.

Additional 2018 Best For Governance honourees include: Bridges Fund Management; Assurity Life Insurance Company; Firespring; and Facilities Management Services.

“With the rise of anger at a system that feels rigged, people are hungry for companies like Faro Energy, who are changing the system by building businesses that seek to create the greatest positive impact,” says Jay Coen Gilbert, co-founder of B Lab. “Best For The World is the only list of businesses that uses comprehensive, comparable, third-party-validated data about a company’s social and environmental performance. As consumers, talent and investors increasingly demand transparent, values-aligned businesses to buy from, work at and invest in, companies will need to not just the best in the world but the best for the world, and not just to be nice but to be the most successful.”    

Nearly 1,000 Certified B Corporations were named 2018 Best for the World Honourees, including: Patagonia; King Arthur Flour Company; Green Mountain Power; and the United Kingdom’s Charity Bank. Fifty-two countries are represented, including Denmark, India, South Africa and Taiwan. The selection criteria for Best For The World honourees are available at https://bit.ly/2IgAzF5.

Today there are more than 2,400 Certified B Corporations across more than 150 industries and over 50 countries, unified by one common goal: to redefine success in business. Any company can measure and manage social and environmental performance at http://bimpactassessment.net.

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B Lab is a nonprofit organisation that serves a global movement of people using business as a force for good.  Its vision is that one day all companies compete not only to be the best in the world, but the best for the world and society will enjoy prosperity for all for the long term.  

B Lab drives this systemic change by: 1) building a community of Certified B Corporations to make it easier for all of us to tell the difference between “good companies” and good marketing; 2) passing benefit corporation legislation to give business leaders the freedom to create value for society as well as shareholders; 3) helping businesses measure, compare and improve their social and environmental performance with the free B Impact Assessment; 4) driving capital to impact investments through use of its B Analytics and GIIRS Ratings platform.

For more information, visit http://www.bcorporation.net.

B the Change is a Medium publication, produced by B Lab in collaboration with the community of Certified B Corps and the movement of people using business as a force for good.

B the Change exists to inform and inspire people who have a passion for using business as a force for good in the world. Because we believe that storytelling is an essential element in the transformation of business and society, we commit ourselves to telling the most compelling stories possible to the largest audiences possible to propel the movement of business toward its destiny as a powerful force for good. We want to dramatically broaden and deepen engagement with entrepreneurs, managers, employees, investors and citizens in one of the most important discussions of our time.

Read all B the Change stories at http://www.bthechange.com.

[PRESS RELEASE] Faro Energy delivers new solar plant at distribution center in Baranoa, Atlántico

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Faro Energy delivers new solar plant at distribution center in Baranoa, Atlántico

The energy generated is equivalent to the consumption of more than 100 Colombia homes and will avoid 93 tons of CO2 per year

 

Terpel SA (Terpel), reaffirming its commitment to protect the environment and in cooperation with Faro Energy Colombia SA (Faro Energy), has launched a new solar project at its distribution center in Baranoa, Atlántico. The plant was built by SolarMacht SAS. 

More than 250 solar panels covering 700 square meters of built surface, the equivalent to approximately four tennis courts, generate 134 MWh of clean energy each year. The electricity generated by the plant is equal to the energy consumed by more than 100 Colombian homes and represents 33% of the energy consumed by this important hub of the Terpel value chain. The plant will also prevent the emission of 93 tons of CO2 each year. 

The project is part of a long-term power purchase agreement between Terpel and Faro Energy. Faro Energy, as investor and owner of the assets will also operate and manage the plant during its useful life, expected to be 30 years. The project is another example of the strong growth Colombia is experiencing in non-conventional renewable energy and how large industrial and commercial businesses are incorporating these sources of energy into their operations. 

“Terpel is one of Colombia’s leading and most iconic companies. We are confident that this project will serve as an example to spur even more interest in how this type of initiative has a direct positive impact on corporate competitiveness” – Carlos Urueta, Executive Director, Faro Energy, Andean Region

“The solar plant in Baranoa was built and certified according to the highest design and construction standards defined by NABCEP, the leading authority in the field of solar energy in North America. This, in addition to the quality and global recognition of the manufacturers of the equipment used in each component of the plant, is the best guarantee that we will have a highly performing plant for the next thirty years” – Juan David Silva, Operations and Strategy Manager, Faro Energy, Andean Region

 

Key data points:

●    252 solar panels covering an area of 704 square meter equivalent to approximately 3.6 tennis courts;
●    During the installation 15 new jobs were created;
●    The installation took two months to build; the plant came on-line in February 2018

 

About Terpel SA

With the largest service station network, Terpel is the number one fuel distributor in Colombia. Terpel’s business in Colombia also includes supplementary services (convenience stores), lubricants, industrial services such as transportation, construction, environmental impact prevention, aviation and marine transport. Terpel has operated in Colombia for close to fifty years.

 

About Faro Energy

Faro Energy is an investment company that develops distributed solar projects to sell energy to large and exceptional energy consumers (both industrial and commercial). Faro invests 100% of the capital needed to develop energy plants and the off-takers agree to purchase the electricity through a long-term power purchase agreement. As owner of the plant, Faro manages and operates the asset during its useful life. Solar energy offers clients energy savings and greater visibility to manage costs. Faro operates from Brasil, Colombia and England. 

 

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Faro Energy inaugura planta solar en Centro de Abasto de Baranoa, Atlántico

La electricidad generada equivale al consumo mensual de más de 100 hogares colombianos y supondrá una disminución de 93 toneladas de CO2 al año

 

Terpel SA (Terpel) reafirma su compromiso con la protección del medio ambiente y en colaboración con Faro Energy Colombia SAS (Faro Energy) lanza un nuevo proyecto de energía solar para su Planta de Abasto de Baranoa, Atlántico. La construcción de la obra la realizó SolarMacht SAS. 

Más de 250 paneles solares fotovoltaicos con un área construida que ocupa una superficie de 700 metros cuadrados, el equivalente a aproximadamente 4 canchas de tenis para generar 134 MWh de electricidad limpia cada año. La electricidad generada, correspondiente al consumo mensual de más de 100 hogares colombianos, representa 33 % de la electricidad utilizada cada mes por esta importante sede de la cadena de valor de Terpel. El nuevo sistema de energía renovable evitará además la liberación de 93 toneladas de dióxido de carbono a la atmósfera cada año.

El proyecto se ejecutó con base en un acuerdo bilateral suscrito entre Terpel y Faro Energy bajo la modalidad ‘compra de energía’ a largo plazo. Faro Energy, inversionista y titular de los activos, estará a cargo de la operación y mantenimiento de la planta durante su vida útil que se estima será de 30 años. El proyecto es un reflejo del fuerte crecimiento que vive el país en energía renovable no convencional y la manera como grandes consumidores de energía incorporan estas fuentes de energía en su consumo diario. 

“Terpel es una de las principales y más icónicas empresas de Colombia y la región andina y confiamos que este proyecto servirá de referencia para despertar aún más interés en cómo estas iniciativas aumentan la competitividad del sector empresarial” dijo el Director Ejecutivo de Faro Energy en la región andina, Carlos Urueta.

“La planta solar del centro de abasto de Galapa, fue construida y certificada según los más altos estándares de diseño y construcción definidos por NABCEP, máxima autoridad norteamericana en el campo de la energía renovable. Esto, sumado a la alta calidad y reconocimiento mundial de los fabricantes de cada uno de los componentes utilizados en la construcción, son la mejor garantía de que tendremos una planta solar con un desempeño sobresaliente durante los próximos 30 años” dijo el Gerente de Operaciones y Estrategia de Faro Energy en la región andina, Juan David Silva.

 

Datos de interés:

●    252 paneles solares instalados y área construida cubriendo una superficie de 704 m² equivalente a 3,6 canchas de tenis;
●    Durante la fase de instalación se crearon 15 empleos directos;
●    La instalación del sistema de energía solar tardó dos meses, entre enero y febrero del 2018.

 

Acerca de Terpel SA

Con la principal red de estaciones de servicio en Colombia, Terpel es el primer distribuidor de combustible en el país. Las operaciones de Terpel también incluyen servicios corporativos complementarios como tiendas de conveniencia, lubricantes, servicios tales como el suministro de combustibles a estaciones internas de clientes industriales, prevención de afectaciones al medio ambiente, suministro de servicios para la aviación y sector marítimo. Terpel ha operado en Colombia durante casi 50 años. 

 

Acerca de Faro Energy

Faro Energy es una empresa de inversión que desarrolla proyectos de generación y autogeneración para vender energía a largo plazo a empresas sólidamente posicionadas en su industria. La figura comercial y legal que emplea Faro es comúnmente conocida como power purchase agreement o PPA por sus siglas en inglés, Faro realiza 100% de la inversión y el cliente compra energía mediante contrato bilateral a largo plazo. Faro opera la planta y gestiona el activo. Las plantas de Faro ofrecen ahorros y mayor visibilidad en costos de energía a grandes consumidores de energía. Faro opera desde Brasil, Colombia e Inglaterra. 

 

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Faro Energy delivers new solar plant at distribution center in Baranoa, Atlántico

The energy generated is equivalent to the consumption of more than 100 Colombia homes and will avoid 93 tons of CO2 per year

 

Terpel SA (Terpel), reaffirming its commitment to protect the environment and in cooperation with Faro Energy Colombia SA (Faro Energy), has launched a new solar project at its distribution center in Baranoa, Atlántico. The plant was built by SolarMacht SAS. 

More than 250 solar panels covering 700 square meters of built surface, the equivalent to approximately four tennis courts, generate 134 MWh of clean energy each year. The electricity generated by the plant is equal to the energy consumed by more than 100 Colombian homes and represents 33% of the energy consumed by this important hub of the Terpel value chain. The plant will also prevent the emission of 93 tons of CO2 each year. 

The project is part of a long-term power purchase agreement between Terpel and Faro Energy. Faro Energy, as investor and owner of the assets will also operate and manage the plant during its useful life, expected to be 30 years. The project is another example of the strong growth Colombia is experiencing in non-conventional renewable energy and how large industrial and commercial businesses are incorporating these sources of energy into their operations. 

“Terpel is one of Colombia’s leading and most iconic companies. We are confident that this project will serve as an example to spur even more interest in how this type of initiative has a direct positive impact on corporate competitiveness” – Carlos Urueta, Executive Director, Faro Energy, Andean Region

“The solar plant in Baranoa was built and certified according to the highest design and construction standards defined by NABCEP, the leading authority in the field of solar energy in North America. This, in addition to the quality and global recognition of the manufacturers of the equipment used in each component of the plant, is the best guarantee that we will have a highly performing plant for the next thirty years” – Juan David Silva, Operations and Strategy Manager, Faro Energy, Andean Region

 

Key data points:

●    252 solar panels covering an area of 704 square meter equivalent to approximately 3.6 tennis courts;
●    During the installation 15 new jobs were created;
●    The installation took two months to build; the plant came on-line in February 2018

 

About Terpel SA

With the largest service station network, Terpel is the number one fuel distributor in Colombia. Terpel’s business in Colombia also includes supplementary services (convenience stores), lubricants, industrial services such as transportation, construction, environmental impact prevention, aviation and marine transport. Terpel has operated in Colombia for close to fifty years.

 

About Faro Energy

Faro Energy is an investment company that develops distributed solar projects to sell energy to large and exceptional energy consumers (both industrial and commercial). Faro invests 100% of the capital needed to develop energy plants and the off-takers agree to purchase the electricity through a long-term power purchase agreement. As owner of the plant, Faro manages and operates the asset during its useful life. Solar energy offers clients energy savings and greater visibility to manage costs. Faro operates from Brasil, Colombia and England. 

 

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....Faro honoured as "Best for the Long Term" by B-Corp..Faro Energy galardonada como “Best for the Long Term” por B-Corp..Faro Energy homenageada como a “Melhores para o Longo Prazo" pela B-Corp....

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Faro Energy honoured as Best for the Long Term by B-Corp,

Creating Powerful Governance Structures to Protect Company Mission

Evaluated by Comprehensive B Impact Assessment

12th September 2017

Today, Faro Energy was recognised for creating innovative governance structures to protect the mission of our business for the long term. The Best for the Long Term list is based on an independent, comprehensive assessment administered by the non-profit B Lab. Honourees are featured on B the Change, the digital Medium publication produced by B Lab, at www.bthechange.com.

Faro Energy is honoured in the Best for the Long Term list, which includes businesses that earned a Governance score in the top 10 percent of more than 2,100 Certified B Corporations on the B Impact Assessment. The full assessment measures a company's impact on its workers, community, customers and the environment. To certify as B Corporations, companies like Faro Energy must complete the full assessment and have their answers verified by B Lab.

The Governance portion of the B Impact Assessment evaluates a company’s overall mission, ethics, accountability and transparency. It measures whether the company has adopted a social or environmental mission, and how it engages its employees, board members and the community to achieve that mission. This section assesses employee access to financial information, customers’ opportunities to provide feedback, and the diversity of the company’s governing bodies. Honourees scoring in the top 10 percent set a gold standard for the high impact that business as a force for good can make around the world. 

The 186 Best for the Long Term companies come from 79 different industries and 13 countries. B Lab simultaneously released separate lists recognising B Corporations as Best for the World (overall impact), Best for the Environment, Best for Customers, Best for Workers, Best for Community and Race to the Top, which can be found at bthechange.com.

Additional 2017 Best for the Long Term honourees include: MAX Insurance; Veris Wealth Partners; and Home Care Associates of Philadelphia.

“Companies like Faro Energy that build their business to be mission-driven for the long term exemplify what it means to use business as a force for good,” says Jay Coen Gilbert, co-founder of B Lab. “We are proud to recognise their achievement. Best for the World is the only list of businesses making the greatest positive impact that uses comprehensive, comparable, third-party-validated data about a company’s social and environmental performance.”    

A total of 846 Certified B Corporations were named 2017 Best for the World Honourees, including: Patagonia; Seventh Generation; National Co+op Grocers; and Business Development Bank of Canada. Forty-eight countries are represented, including Afghanistan, Kenya, Nicaragua and Turkey. The selection criteria for Best for the World honourees are available at bit.ly/29ZYRSp.

Today there are more than 2,100 Certified B Corporations across more than 130 industries and 50 countries, unified by one common goal: to redefine success in business. Any company can measure and manage social and environmental performance at bimpactassessment.net.

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B Lab is a non-profit organisation that serves a global movement of people using business as a force for good.  Its vision is that one day all companies compete not only to be the best in the world, but the best for the world and society will enjoy prosperity for all for the long term.  

B Lab drives this systemic change by: 1) building a community of Certified B Corporations to make it easier for all of us to tell the difference between “good companies” and good marketing; 2) passing benefit corporation legislation to give business leaders the freedom to create value for society as well as shareholders; 3) helping businesses measure, compare and improve their social and environmental performance with the free B Impact Assessment; 4) driving capital to impact investments through use of its B Analytics and GIIRS Ratings platform.

For more information, visit www.bcorporation.net.

B the Change is a Medium publication, produced by B Lab in collaboration with the community of Certified B Corps and the movement of people using business as a force for good.

B the Change exists to inform and inspire people who have a passion for using business as a force for good in the world. Because we believe that storytelling is an essential element in the transformation of business and society, we commit ourselves to telling the most compelling stories possible to the largest audiences possible to propel the movement of business toward its destiny as a powerful force for good. We want to dramatically broaden and deepen engagement with entrepreneurs, managers, employees, investors and citizens in one of the most important discussions of our time.

Read all B the Change stories at www.bthechange.com

 

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Faro Energy galardonada como “Best for the Long Term”,

Creando estructuras de gobernanza innovadoras para proteger la misión de las empresas

Evaluación de Impacto B

12 de septiembre de 2017

De acuerdo con la evaluación independiente e integral realizada por B Lab, una organización sin fines de lucro, Faro Energy fue reconocida por sus estructuras de gobernanza innovadoras para proteger a largo plazo la misión de nuestras empresas. Las empresas galardonadas en la lista de “Best for the Long Term” tendrán una mención en B the Change, la publicación digital de Medium editada por B Lab, en www.bthechange.com.

Faro Energy fue reconocida en la categoría de “Best for the Long Term”, que incluye el 10% de empresas con los puntajes más altos en la sección de Gobernanza dentro de las más de 2.100 Empresas B Certificadas en la Evaluación de Impacto B. La evaluación mide el impacto positivo de una compañía en sus trabajadores, su comunidad, sus clientes y el medio ambiente. Para certificarse como Empresas B, organizaciones como Faro Energy deben completar la Evaluación de Impacto B y sus respuestas deben ser verificadas por B Lab.

La sección sobre gobernanza de la Evaluación de Impacto B examina la misión, la ética, la responsabilidad y la transparencia general de una empresa. Mide si la empresa ha adoptado misiones sociales o ambientales, y cómo hace partícipe a sus empleados, miembros directivos y a la comunidad en general para alcanzar dicha misión. Esta sección evalúa el acceso de los empleados a información financiera, las oportunidades que tienen los clientes para proporcionar retroalimentación y la diversidad de los cuerpos gobernantes de las empresas. Las organizaciones galardonadas establecen un estándar de oro para otras empresas, mostrando el alto impacto que las empresas pueden tener como un factor positivo en el mundo.

De las 186 empresas galardonadas dentro de esta categoría se encuentran organizaciones de 79 industrias y 13 países. Simultáneamente, B Lab publicó diferentes listas que reconocen Empresas B como Best for the World (mejor para el mundo), Best for the Environment (mejor para el medio ambiente), Best for Customers (mejor para sus clientes), Best for Community (mejor para sus comunidades), Best for Workers (mejor para sus trabajadores) y Best for the World: Changemakers (Creadores de cambio) que se encuentran en www.bthechange.com.

Otras empresas galardonadas como “Best for the Long Term” en 2017 incluyen: MAX Insurance; Veris Wealth Partners; y Home Care Associates of Philadelphia.

“Empresas como Faro Energy ejemplifican lo que significa ser un buen ciudadano”, sostiene Jay Coen Gilbert, cofundador de B Lab. “Nos enorgullece reconocer los logros de dichas empresas. Best for the World es el único listado de empresas con el mayor impacto positivo, validado por terceros independientes, que analiza información integral y comparable sobre el rendimiento social y ambiental de una empresa.”

Un total de 846 Empresas B Certificadas en todo el mundo fueron galardonadas como Best for the World en 2017, algunas de ellas incluyen: Patagonia; Seventh Generation; National Co+op Grocers; y Business Development Bank of Canada. Cuarenta y cinco países están representados, incluyendo Afganistán, Kenia, Nicaragua y Turquía. Los criterios de selección están disponibles en bit.ly/29ZYRSp.

Hasta el dia de hoy, existen más de 2,100 Empresas B Certificadas en más de 130 industrias y 50 países, unificadas por una meta en común: redefinir el éxito en los negocios. Cualquier empresa puede medir y gestionar su desempeño social y ambiental en http://bimpactassessment.net.

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B Lab es una organización sin fines de lucro que trabaja para movimiento global de personas que usan los negocios como fuerza de bien. La visión de B Lab es que un día, todas las compañías compitan no solo para ser las mejores del mundo, sino las mejores para el mundo, y que como resultado la sociedad pueda disfrutar de una prosperidad compartida en el largo plazo.  

B Lab impulsa un cambio sistémico 1) construyendo una comunidad de Empresas B Certificadas haciendo más fácil para todos notar la diferencia entre “buenas empresas” y “buen mercadeo”; 2) aprobando legislación (Benefit Corporation) que permita que líderes empresariales generen beneficios no sólo para sus inversionistas, sino para la sociedad y otras partes interesadas; 3) ayudando a las empresas a medir, comparar y mejorar, de forma gratuita, su desempeño social y ambiental mediante la Evaluación de Impacto B; y 4) asignando capital a inversiones de impacto a través del uso de las plataformas como B Analytics y GIIRS Ratings.

Para obtener más información, visite www.bcorporation.net.

B the Change es una publicación de Medium, producida por B Lab en colaboración con la comunidad de Empresas B Certificadas y el movimiento de personas que utilizan los negocios como fuerza de bien.

B the Change tiene la misión de informar e inspirar a las personas cuya pasión es utilizar los negocios como fuerza de bien alrededor del mundo. Porque creemos que contar una historia es un elemento esencial de la transformación de los negocios y la sociedad, nos hemos comprometido a contar las historias más cautivadoras a la mayor audiencia posible con el fin de impulsar el movimiento de personas utilizando los negocios como una fuerza poderosa de bien. Queremos ampliar y profundizar radicalmente el contacto con los emprendedores, los gerentes, los empleados, los inversores y los ciudadanos en uno de los debates más importantes de nuestra era.

Lea todas las historias de B the Change en www.bthechange.com

 

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Faro Energy homenageada como a “Best for the Long Term” (Melhores para o Longo Prazo),

Criando estruturas poderosas de governança para proteger a missão da empresa

Analisada pela abrangente Avaliação de Impacto B

12 de setembro de 2017

Hoje, a Faro Energy foi reconhecida pela criação de estruturas de governança inovadoras para proteger a missão de nosso negócio a longo prazo. A lista de “Best for the Long Term” (Melhores para o Longo Prazo é com base em uma avaliação independente e abrangente realizada pela organização sem fins lucrativos B Lab. As empresas homenageadas figuram em destaque na B the Change, a publicação de mídia digital produzida pela B Lab, em www.bthechange.com.

A Faro Energy foi homenageada na lista de “Best for the Long Term (Melhores para o Longo Prazo)”, que inclui empresas que obtiveram uma pontuação de Governança entre as 10% maiores de mais de 2.100 Corporações com Certificação B em todas as categorias na Avaliação de Impacto B. A avaliação mede o impacto positivo de uma empresa em seus trabalhadores, na comunidade, nos clientes e no meio ambiente. Para se certificar como Corporações B, empresas como a Faro Energy devem preencher a avaliação completa e ter suas respostas confirmadas pela B Lab.

A seção de Governança, da Avaliação de Impacto B, avalia a missão geral, ética, contabilidade e transparência da empresa. Ela mede se a empresa adotou uma missão social ou ambiental, e como ela envolve seus funcionários, membros da diretoria e a comunidade para alcançarem esses objetivos. Essa seção avalia o acesso dos funcionários às informações financeiras, as oportunidades para que os clientes fornecem feedback, e a diversidade nos quadros diretores da companhia. As homenageadas que pontuam entre as 10% melhores de todas as Corporações B definem um padrão ouro do alto impacto que o negócio como força positiva pode causar ao redor do mundo.

As 186 empresas homenageadas com “Best for the Long Term (Melhores para o Longo Prazo)” são provenientes de 79 setores diferentes e 13 países. A B Lab divulgou simultaneamente listas separadas que reconhecem as Corporações B de melhor desempenho como Melhor para o Mundo (impacto geral), Melhor para o Meio Ambiente, Melhor para os Clientes, Melhor para os Funcionários, Melhor para a Comunidade e Melhor para o Mundo: Transformadores, que podem ser encontradas em www.bthechange.com.

Outras homenageadas de 2017 como “Best for the Long Term (Melhores para o Longo Prazo)” incluem: MAX Insurance; Veris Wealth Partners; e Home Care Associates of Philadelphia.

“Empresas como a Faro Energy exemplificam o significado de um negócio sendo exemplo de cidadania”, diz Jay Coen Gilbert, cofundador da B Lab. “Estamos orgulhosos em reconhecer suas conquistas. As Melhores do Mundo é a única lista de empresas com o maior impacto positivo que utiliza dados abrangentes, comparáveis e validados por terceiros a respeito do desempenho social e ambiental de uma empresa”.

Um total de 846 Empresas com Certificação B foram indicadas em 2017 como as Homenageadas como As Melhores do Mundo, incluindo: Patagonia; Seventh Generation; National Co+op Grocers; e Business Development Bank of Canada. Quarenta e oito países estão representados, incluindo Afeganistão, Quênia, Nicarágua e Turquia. Os critérios de seleção das homenageadas como As Melhores do Mundo estão disponíveis em bit.ly/29ZYRSp.

Hoje existem mais de 2.100 Corporações com Certificação B em mais de 130 setores e 50 países, unidas por um objetivo comum: redefinir o sucesso nos negócios. Qualquer empresa pode medir e gerenciar o desempenho social e ambiental em http://bimpactassessment.net.


****

A B Lab é uma organização sem fins lucrativos que atende a um movimento global de pessoas que usam os negócios como uma força para fazer o bem. Sua visão é a de que um dia todas as empresas concorram não apenas para serem as melhores do mundo, mas as melhores para o mundo, e que a sociedade desfrutará de prosperidade para todos no longo prazo.

A B Lab promove essa mudança sistêmica através da: 1) construção de uma comunidade de Empresas com Certificação B para que seja mais fácil para todos nós sabermos a diferença entre "empresas boas" e marketing bom; 2) aprovação de uma legislação empresarial de benefícios para dar aos líderes empresariais a liberdade de criar valor para a sociedade e para os acionistas; 3) ajuda às empresas para medir, comparar e melhorar seu desempenho social e ambiental com a Avaliação de Impacto B gratuita; 4) orientação do capital para impactar os investimentos através do uso da sua B Analytics e da plataforma GIIRS Ratings. Para mais informações, acesse www.bcorporation.net.

A B the Change é uma publicação de mídia produzida pela B Lab em colaboração com a comunidade de Corporações com Certificação B e o movimento de pessoas que utilizam os negócios como uma força para fazer o bem.

A B the Change existe para informar e inspirar pessoas que têm paixão pelo uso dos negócios como uma força para fazer o bem no mundo. Pelo fato que acreditamos que a narrativa é um elemento essencial na transformação das empresas e da sociedade, nos comprometemos a contar as histórias mais convincentes possíveis para o maior público possível, de modo a impulsionar o movimento das empresas rumo ao seu destino como uma força poderosa para fazer o bem. Queremos ampliar e aprofundar drasticamente o envolvimento com empresários, gestores, funcionários, investidores e cidadãos em uma das discussões mais importantes da nossa era.

Leia todas as histórias da B the Change em www.bthechange.com. 

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[Press] AquaRio featured on "Bom Dia Rio"

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Marcelo Szpilman, Managing Director of AquaRio in Rio de Janeiro, was interviewed about our new rooftop solar system on Globo's popular morning television programme, "Bom Dia Rio."

See the video here!

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Marcelo Szpilman, Director General de AquaRio en Rio de Janeiro, fue entrevistado respecto a nuestro nuevo techo con sistema solar en el popular programa televisivo matutino, "Bom Dia Rio".
¡Mira el video aquí!

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Marcelo Szpilman, Diretor Executivo da AquaRio no Rio de Janeiro, foientrevistado no programa "Bom dia Rio", programa de televisão popular da Globo, sobre nosso novo sistema solar para telhado.
Veja o vídeo aqui!

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[PRESS RELEASE] AquaRio opens largest solar power project in the state of Rio de Janeiro

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AquaRio opens largest solar power project in the state of Rio de Janeiro

Electricity generated is equivalent to the monthly consumption of 500 Brazilian households and will represent a decrease of 320 tonnes of CO2 per year

 

Aquário Marinho do Rio (AquaRio) reaffirms its commitment to environmental protection and, in partnership with Faro Energy, launches the largest solar power project in the state of Rio de Janeiro. More than 2,000 photovoltaic solar panels installed on AquaRio's roof, occupying a surface area of 6,000 square metres – equivalent to a football pitch – will produce about 77,000 kWh of clean electricity each month. The electricity generated, corresponding to the monthly consumption of 500 Brazilian households, represents 20 to 30% of the electricity used monthly by AquaRio. The new renewable energy system will also prevent the release of 320 tonnes of carbon dioxide into the atmosphere each year.

For Marcelo Szpilman, Managing Director of AquaRio, the energy from the installation of solar panels represents far more than a cost reduction:

'Photovoltaic solar power is already more competitive than electricity from the conventional network. Our solar power system will not only reduce costs, but also contribute to protecting the planet. We are always focused on the best solutions in terms of sustainability and environmental protection', said Marcelo, who heads the largest marine aquarium in South America.

Implemented under the umbrella of mini-generation, the project was made possible with the partnership between AquaRio and Faro Energy, through the signing of a long-term rental agreement. Faro Energy will be responsible for the operation and maintenance of the solar power plant over the course of its useful life, which is estimated at 25 years. In addition to being the largest solar power project in the state of Rio de Janeiro, this initiative is another example of the rapid growth that the sustainable energy sector has been experiencing. In the last year, more than 6,000 new systems were installed throughout the country.

'AquaRio is one of the most impressive and advanced tourist attractions in Rio de Janeiro, and we hope that this project will inspire visitors from across Brazil to come and learn about the solar revolution we want to promote', said the CEO of Faro Energy, Sarah Chapman. 

 

Trivia:

  • 640 kWp installed (kWp = kilowatt peak = nominal power of the solar panels);
  • 2,000 solar panels installed, covering a surface area of 6,000 m², the equivalent to one football pitch or four Olympic-size swimming pools;
  • During the installation phase, 25 direct jobs were created;
  • Installation of the solar power system took three months, between March and May 2017.

 

About AquaRio

In the 26,000 square metres of built-up area and five storeys of AquaRio, visitors are introduced to a circuit with 28 tanks, where they can learn more about fish from the Brazilian coast, the Caribbean, and the Indo-Pacific. Altogether, it's 4.5 million litres of salt water and 3,000 animals from 300 different species. Right at the start, visitors are presented with a variety of marine life environments, such as sandy beach, dangerous marine fauna, rocky coast, shoals, and shark pups.

Following the circuit, you arrive at the Large Oceanic Tank, the aquarium's main attraction, with 3.5 million litres of water and a depth of 7 metres, traversed by an acrylic tunnel, and where giant rays, sharks and fish – like 'Giorgio', a black grouper (Mycteroperca bonaci); 'Margarida', a sand tiger shark (Carcharias taurus); and 'Sharon', a nurse shark (Ginglymostoma cirratum) – cause an impression with their size and charisma.

 

Education, conservation, and research

Aquário Marinho do Rio de Janeiro, or AquaRio, is a modern tool for education, research, conservation, leisure, entertainment, and culture, creating the opportunity, in the city of Rio de Janeiro, to visit a unique space with innovative attractions and technologies. Partnerships between the AquaRio Scientific Research Centre and universities and research centres, like the Department of Marine Biology of the Federal University of Rio de Janeiro (UFRJ), enabled the development of studies in the area of captive breeding of endangered species and the educational management of students and trainees at the aquarium, creating new opportunities for research of marine life. 

 

About Faro Energy

Faro Energy is a distributed solar energy investment company with an active presence in several countries in Latin America. Headquartered in London, it has offices in São Paulo, Baranquilla, and Panama. The company enables its clients to generate their own electricity without any investment, bringing a self-generation and energy efficiency solution to the business and industrial areas. The system provides significant cost reductions, energy cost predictability, and sustainability gains in addition to reducing the dependence on grid electricity, being a renewable energy source, and protecting the company against the volatility of electricity prices. 

 

(with thanks to APPROACH COMUNICAÇÃO)

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AquaRio inaugura el mayor proyecto de energía solar en el estado de Río de Janeiro

La electricidad generada equivale al consumo mensual de 500 hogares brasileños y supondrá una disminución de 320 toneladas de CO2 al año

 

Aquário Marinho do Rio (AquaRio) reafirma su compromiso con la protección del medio ambiente y, en colaboración con Faro Energy, lanza el mayor proyecto de energía solar en el estado de Río de Janeiro. Más de 2000 paneles solares fotovoltaicos instalados en el techo de AquaRio que ocupan una superficie de 6000 metros cuadrados, el equivalente a un campo de fútbol, producirán unos 77 000 kWh de electricidad limpia cada mes. La electricidad generada, correspondiente al consumo mensual de 500 hogares brasileños, representa del 20 al 30 % de la electricidad utilizada cada mes por AquaRio. El nuevo sistema de energía renovable evitará además la liberación de 320 toneladas de dióxido de carbono a la atmósfera cada año.

Para Marcelo Szpilman, director general de AquaRio, la energía procedente de la instalación de paneles solares representa mucho más que una reducción de costos:

"La energía solar fotovoltaica ya es más competitiva que la electricidad de la red convencional. Nuestro sistema de energía solar no solo reducirá los costos, sino que también contribuirá a la protección del planeta. Siempre estamos pensando en las mejores soluciones en términos de sustentabilidad y protección medioambiental", dijo Marcelo, quien dirige el mayor acuario marino de Sudamérica.

Implementado bajo el paraguas de la generación mínima, el proyecto se ha hecho realidad gracias a la asociación entre AquaRio y Faro Energy, mediante la firma de un contrato de arrendamiento a largo plazo. Faro Energy será responsable de la operación y el mantenimiento de la planta solar a lo largo de su vida útil que, según lo estimado, será de 25 años. Además de ser el mayor proyecto de energía solar en el estado de Río de Janeiro, esta iniciativa es otro ejemplo del rápido crecimiento que está experimentado el sector de la energía sustentable. En el último año, se instalaron más de 6000 nuevos sistemas en todo el país.

“AquaRio es una de las atracciones turísticas más impresionantes e innovadoras de Río de Janeiro, y esperamos que este proyecto inspire a los visitantes de todo el país para que vengan y conozcan la revolución solar que queremos promover”, dijo la directora general de Faro Energy, Sarah Chapman. 

 

Datos curiosos:

  • 640 kWp instalados (kWp = kilovatio pico = potencia nominal de los paneles solares);
  • 2000 paneles solares instalados que cubren una superficie de 6000 m², el equivalente a un campo de fútbol o cuatro piscinas olímpicas;
  • Durante la fase de instalación se crearon 25 empleos directos;
  • La instalación del sistema de energía solar tardó tres meses, entre marzo y mayo del 2017.

 

Acerca de AquaRio

En los 26 000 metros cuadrados de superficie construida y los cinco pisos de AquaRio, se introduce a los visitantes en un circuito con 28 tanques, donde pueden aprender más sobre los peces de la costa brasileña, el Caribe y el Indo-Pacífico. En total, son 4,5 millones de litros de agua salada y 3000 animales de 300 especies diferentes. Justo al comienzo, a los visitantes se les presenta con una variedad de ambientes de vida marina, tales como playas de arena, fauna marina peligrosa, costas rocosas, bancos de arena y pequeños tiburones.

Siguiendo el circuito, se llega al Gran Tanque Oceánico, el principal atractivo del acuario, con 3,5 millones de litros de agua y una profundidad de 7 metros, atravesado por un túnel acrílico, y donde rayas, tiburones y peces gigantes como "Giorgio", un mero negro (Mycteroperca bonaci); "Margarida", un tiburón tigre de arena (Carcharias taurus); y "Sharon", un tiburón nodriza (Ginglymostoma cirratum), impresionan por su tamaño y carisma.

 

Educación, conservación e investigación

El Aquário Marinho de Rio de Janeiro, o AquaRio, es una herramienta moderna para la educación, la investigación, la conservación, el ocio, el entretenimiento y la cultura, que permite la oportunidad de visitar un espacio único con atractivos y tecnologías innovadoras en la ciudad de Río de Janeiro. Las alianzas entre el Centro de Investigación Científica AquaRio y las universidades y los centros de investigación, como el Departamento de Biología Marina de la Universidad Federal de Río de Janeiro (UFRJ), permitieron desarrollar estudios en el área de la crianza en cautividad de las especies en peligro de extinción y el manejo educativo de estudiantes y aprendices en el acuario, creando nuevas oportunidades para la investigación de la vida marina.  

 

Acerca de Faro Energy

Faro Energy es una empresa de inversión en energía solar distribuida con presencia activa en varios países de América Latina. Con sede en Londres, tiene oficinas en São Paulo, Barranquilla y Panamá. La empresa posibilita a sus clientes generar su propia electricidad sin ninguna inversión, aportando autogeneración y una solución de eficiencia energética a las áreas comercial e industrial. El sistema ofrece reducciones significativas de costos, previsibilidad de costos de energía y ganancias de sustentabilidad, además de reducir la dependencia de la electricidad de la red eléctrica, ser una fuente de energía renovable y proteger a la compañía contra la volatilidad de los precios de la electricidad.

 

(con agradecimientos a APPROACH COMUNICAÇÃO)

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AquaRio ganha o maior projeto de energia solar do Estado do Rio de Janeiro

Eletricidade produzida equivale ao consumo mensal de 500 residências brasileiras e representará redução de 320 toneladas de CO2 em um ano

 

O Aquário Marinho do Rio (AquaRio) reafirma o seu compromisso com a preservação ambiental e, em parceria com a empresa Faro Energy, lança o maior projeto de energia solar do Estado do Rio de Janeiro. São mais de 2 mil painéis fotovoltaicos instalados no telhado do AquaRio, ocupando uma área de 6.000 metros quadrados — o equivalente a um campo de futebol —, que vão gerar cerca de 77 mil kWh de energia limpa por mês. A eletricidade produzida, correspondente ao consumo mensal de 500 residências brasileiras, representa de 20 a 30% de toda energia consumida mensalmente pelo AquaRio. O novo sistema de energia renovável também evitará a emissão de 320 toneladas de gás carbônico para o ambiente a cada ano.

Para Marcelo Szpilman, diretor presidente do AquaRio, a energia proveniente da instalação dos painéis solares vai muito além da redução de custos:

— A energia solar fotovoltaica já é mais competitiva do que a energia elétrica proveniente da rede convencional. Nosso sistema solar irá não só reduzir os custos, como contribuir para a preservação do planeta. Estamos sempre focados nas melhores soluções de sustentabilidade e proteção ao meio ambiente — destaca Marcelo, que comanda o Maior Aquário Marinho da América do Sul.

Implementado na modalidade de minigeração, o projeto foi viabilizado através da parceria entre o AquaRio e a Faro Energy, por meio de um contrato de locação a longo prazo. A Faro Energy será responsável pela operação e manutenção da planta solar ao longo de sua vida útil, que é de 25 anos. Além de ser o maior projeto de energia solar do Estado do Rio, a iniciativa é mais um exemplo do rápido crescimento que o setor de energia sustentável vem passando. Durante o último ano, foram instalados mais de 6 mil novos sistemas no país.

— O AquaRio é uma das mais impressionantes e avançadas atrações turísticas do Rio de Janeiro e esperamos que este projeto inspire os visitantes de todo Brasil a se aproximarem e conhecerem essa revolução solar que queremos promover — afirmou a CEO da Faro Energy, Sarah Chapman.

 

Curiosidades:

  • 640kWp instalados (KWp = quilowatts pico = potência nominal dos painéis);
  • 2.000 painéis solares instalados, cobrindo uma área de 6.000 m², o que equivale a um campo de futebol ou quatro piscinas olímpicas.
  • Durante a fase de instalação foram gerados 25 empregos diretos;
  • Instalação do sistema solar demorou 3 meses, de março e a maio de 2017

 

Sobre o AquaRio

Nos 26 mil metros quadrados de área construída e cinco andares do AquaRio, o visitante é apresentado a um circuito com 28 tanques, onde pode conhecer um pouco mais sobre os peixes da costa brasileira, do Caribe e do Indo-Pacífico. Ao todo, são 4,5 milhões de litros de água salgada e cerca de três mil animais de 300 espécies diferentes. Logo no início do passeio, o visitante tem contato com recintos variados da vida marinha, como praia arenosa, seres marinhos perigosos, costão rochoso, cardumes e tubarões bebês.

Seguindo o circuito, chega-se ao Grande Tanque Oceânico, a principal atração do espaço, com 3,5 milhões de litros de água, sete metros de profundidade e um túnel de acrílico que passa por dentro, onde grandes raias, peixes e tubarões, como o "Giorgio", da espécie badejo-quadrado (Mycteroperca bonaci), a “Margarida”, da espécie Mangona (Carcharias taurus) e a “Sharon”, da espécie Lambaru (Ginglymostoma cirratum), impressionam por seu porte e carisma.

 

Educação, conservação e pesquisa

O Aquário Marinho do Rio de Janeiro, ou AquaRio, é um equipamento moderno de educação, pesquisa, conservação, lazer, entretenimento e cultura que cria a oportunidade da cidade do Rio de Janeiro oferecer a visitação de um espaço único com atrações e tecnologias inovadoras. Uma parceria do Centro de Pesquisas Científicas do AquaRio com universidades e centros de pesquisa, como Departamento de Biologia Marinha da Universidade Federal do Rio de Janeiro (UFRJ), tornou possível o desenvolvimento de estudos na área de reprodução em cativeiro de espécies ameaçadas e o gerenciamento educacional de alunos e estagiários no aquário, criando novas oportunidades de pesquisa da vida marinha.

 

Sobre a Faro Energy

A Faro Energy é uma empresa de investimento em projetos de geração de energia solar distribuída, com atuação em vários países da América Latina. Sediada em Londres, possui escritórios em São Paulo, Baranquilla e Panamá. A empresa permite aos clientes gerar sua própria energia sem qualquer investimento, trazendo ainda uma solução de auto geração e eficiência energética para áreas comerciais e industriais. O sistema proporciona economias relevantes, previsibilidade no custo da energia e ganho em sustentabilidade, além de reduzir a dependência da rede, ser uma fonte energética renovável e proteger a empresa contra as bandeiras tarifárias das concessionárias.

 

(com agradecimentos a APPROACH COMUNICAÇÃO)

[Press] Globo runs TV feature on AquaRio project

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Brazilian television broadcaster Globo have run a feature on our new rooftop system at Aquario Marinho do Rio in Rio de Janeiro! 

See the video here and the supporting article here.

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¡La televisora brasileña Globo transmitió una programa acerca de nuestro nuevo sistema de techo en Aquario Marinho do Rio en Rio de Janeiro! 
Mira el video aquí y el artículo que lo acompaña aquí.

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O Canal de televisão brasileiro Globo rodou uma matéria sobre nosso novo sistema solar para telhado no Aquário Marinho do Rio no Rio de Janeiro!
Veja o vídeo aqui e o artigo correspondente aqui.

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[Opinion] Brazil: new electricity prices to increase by 7.17% in 2017 to pay off government debt

Brazil: new electricity prices to increase by 7.17% in 2017 to pay off government debt

The news is spreading across Brazil: the government owes private transmission companies USD 20.3 billion (R$ 62.2 billion) and energy consumers will pay the price. The Brazilian Electricity Regulatory Agency – ANEEL – will increase electricity bills on average by 7.17% for residential and industrial consumers starting this year to help pay off their debt.

On February 22, 2017, this announcement has been broadcasted throughout all news channels in Brazil.

Why does the government owe transmission companies USD 20.3 billion (R$ 62.2 billion)?

In 2012, president Dilma Rousseff’s administration demanded transmission companies to accept changes to their contracts before renewing their concessions.  As part of these changes, companies had to pay for infrastructure upgrades, with the understanding that ANEEL would reimburse all related costs. Additionally, a new mandate required transmission companies to reduce electricity costs for residential and industrial customers by 20%.

ANEEL expected to start repayments in 2013; however, there were delays in negotiating the contract terms. The government realized in 2015 that they had insufficient funds to pay the transmission companies, which delayed the process even more. Ultimately, the agreement was signed in 2017 and stipulates that the government owes USD 20.3 billion (R$ 62,2 billion) to be paid over the course of 8 years. To finance this debt, the electricity tariffs for residential and industrial energy consumers will be increased by 7.17%* on average. The first installment of USD 3.5 billion (R$ 10.8 billion) will be paid in 2017.

How can industrial customers protect themselves against rising electricity costs?

New regulation makes it easy for industrial and commercial customers to switch to distributed generation and produce their own electricity using solar power. Not only will this protect energy consumers from volatile electricity tariffs, but this will also allow them to reduce annual energy costs as well as dependency on the national grid.

 
* Tariff increases can range anywhere between 1.13% to 11.15%

[Press] The Guardian asked & our CEO responded on "What's next for renewables in cities"

The Guardian asked & our CEO responded on "What's next for renewables in cities"

As part of Guardian Sustainable Business’s redesigning cities series, Faro's CEO Sarah Chapman provides her expert opinion on the changing landscape of distributed generation and the benefits of rooftop solar: "it's cheaper than the alternatives".  

Read more here on the Guardian site!

 

[Opinion] Our mission: to accelerate distributed clean energy in emerging markets

Our mission: to accelerate distributed clean energy in emerging markets

By: Sarah Chapman

 The new year seems like a good time to reflect on and refresh Faro Energy’s mission - and our vision for getting there. 

Over the next decade, energy markets need to transition from centralised, dirty power generation to clean, distributed power. This transition is essential; to prevent climate change, for public health, for energy security and resilience and for growth and prosperity. 

In fast growing emerging markets, this transition cannot come soon enough. Rapid energy supply growth is needed to support economic growth and increasing prosperity. However, air pollution from fossil fuel power plants is killing 7 million people a year [1], flooding from new hydro projects threatens fragile ecosystems and communities, increasingly erratic climate conditions threaten hydro generation predictability, and increasing frequency of natural disasters is making centralised systems vulnerable.

Distributed, clean energy is the only sustainable way for our economies to keep growing.

Faro’s mission is to accelerate this transition. 

The good news is that in sunny places, distributed solar presents a very competitive price when compared to conventional power sources - and so there is no major economic trade-off between clean and cheap.

Despite this, the transition to distributed clean energy is not happening anywhere near fast enough. And every new power plant (small or large) built this year will last for 20-50 years - so the decisions made now will affect the dynamics of the energy market for years to come. 

Faro is unlocking access to capital for this sector, ensuring upfront costs are not a barrier to deployment. It is developing first in market power-purchase agreements and rental agreements; adapting business models and contractual structures from more mature solar markets. And Faro is helping build the local supply chain and technical capacity, by partnering with local engineering firms and providing training.

Faro also aims to be catalytic in attracting capital to distributed solar in emerging markets. As Faro proves its own track record of deploying capital and generating reliable returns, it is also building track record for the whole sector. Faro wants to facilitate a large scale shift of conventional capital into emerging market energy infrastructure. We will have achieved success when major institutional investors are deploying billions of dollars into this space, and achieving long term reliable returns.

[1] Source: World Health Organization (WHO)

 

[Press] The future of wind and solar: our CEO joins the Guardian roundtable

The future of wind and solar: our CEO joins the Guardian roundtable

Faro's CEO, Sarah Chapman, participated at a Guardian roundtable on wind and solar to discuss the future of renewable energy in light of the changing political climate. Read the Guardian's article HERE to catch up on key conclusions made by the participants, including representatives from Faro Energy, the International Energy Agency, E.ON Climate and Renewables, The Carbon Trust, Siemens Wind Power UK, and UNEP, among others. 

 

 

[Press] Sarah Chapman featured on BBC Business Live!

Sarah Chapman featured on BBC Business Live!

Sarah was recently featured on the popular BBC business show, where the hosts inquire about how Faro Energy is helping address the global energy transition to renewable energy.  Enjoy!

 
CEO Sarah Chapman discusses the need for greater investment in renewables, in particular, solar power in Latin America. She also touches on how Faro Energy provides businesses with an option which hedges their long-term energy costs with no upfront investment, while providing investors with a stable and predictable long-term investment.