Projects ranging from the use of artificial intelligence to the monitoring of electricity consumption, reducing costs and controlling greenhouse gas emissions, to a platform for helping women overcome the impacts of the pandemic, ENGIE, the largest energy company in the private sector in Brazil, operating in generation, trading and transmission of electric energy, gas infrastructure and energy solutions, during ENGIE Brasil Innovation Day on June 17, presented four innovative ideas receiving investments from the Company.

Two initiatives involving startups and two inhouse projects were presented at the event - part of the global festival of innovation put on by the company. With a live transmission through the ENGIE Brasil channel on Youtube, the meeting was patronized by managers, specialists as well as representatives of startups and had the participation of economist, Ricardo Amorim.

ENGIE invests approximately R$ 20 million annually in R&D projects and innovation. All the initiatives adopt a model based on sustainable growth in order to meet the major challenges of the energy transition to a low carbon economy. The Company has assumed a commitment for reducing carbon emissions from its activities to zero by 2045. 'Brazil continues as one of the ENGIE's principal stakeholders worldwide and for this reason it will have to make a significant contribution to achieving this goal. Innovation plays a critical part in this transition', explained Gil Maranhão, Chief Communications and Corporate Social Responsibility Officer at ENGIE.

Among initiatives contemplated is the Predictive Maintenance Platform for Air Conditioning Systems from Minerva Control - which by means of digital replica, analyzes the performance of apparatus, identifying possible problems which generate additional expenditure on energy. 'The result is more efficient maintenance with fewer faults and lower costs', explains CEO Rodrigo Juliani.

Deep Ambiente presented the Virtual Desaggregator, a system which monitors energy consumption and helps to achieve energy bill savings up to 40%. The company's CEO, Marlon Teixeira describes the solution as one that uses artificial intelligence to identify which item of equipment is expending more energy than it should, thus contributing to a reduction of consumption.
A further two inhouse innovation projects were also showcased. One of them, the Biodiversity Matrix, is to digitize a series of data collected on the Brazilian flora and fauna. The aim is to build up a biodiversity conservation program in the area encompassing ENGIE's generator complex.

The Women of Our Neighborhood platform has helped finance 28 businesses in 14 states of Brazil run by women who had suffered the financial impacts as a result of the pandemic.

'ENGIE is proud of the partnerships with which it has been associated over its 25 years in Brazil together with a series of research institutions and other public and private organizations with a focus on innovative projects. The results which have been achieved contributed not only to the Company finding solutions to its operational, environmental and socio-economic challenges but also to the scientific and technological progress of the country', declares Gil Maranhão Neto.

The seventh edition of ENGIE Brasil Innovation Day also enjoyed the participation of economist Ricardo Amorim. Selected by Forbes Magazine as one of the 100 most influential people in the country, Amorim spoke at the conclusion of the event about how the pandemic had accelerated the digital transformation in the world and the importance to technology in decarbonization. 'We were already witnessing major transformations but the pandemic has accelerated the digital transformation. What we are seeing is a brutal process of accelerated digitization. In addition, I believe that technology and innovation will play a critical role in relation to climate and decarbonization issues', he said.

ENGIE Brasil Innovation Day 2021 had the support of COPPE UFRJ, Associação Nacional de Entidades Promotoras de Empreendimentos Inovadores (Anprotec), Associação Catarinense de Tecnologia (Acate), Firjan, Associação Brasileira da Infraestrutura e Indústrias de Base (Abdib), Instituto Acende Brasil, Fundação Certi and France-Brazil Chamber of Commerce.

About ENGIE

Our group is a global reference in low-carbon energy and services. Together with our 170,000 employees, our customers, partners and stakeholders, we are committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions. Inspired by our purpose ('raison d'être'), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers.
ENGIE is the largest private-sector power producer in Brazil, operating in generation, commercialization and transmission of electric power, gas transport and energy solutions. With an installed capacity of 10,791 MW from 72 power plants, which stands for about 6% of the country's capacity, the Company has nearly 90% of its installed capacity in the country from renewable sources and with low GHG emissions, such as hydro, solar and biomass power plants, and windfarms.

With the acquisition of TAG, ENGIE now also owns the largest natural gas transportation network in the country, at 4,500 km and transecting 10 states and 191 cities.

The Group is also among the largest distributed photovoltaic generation companies and has a complete portfolio of integrated solutions focused on reducing costs and improving the infrastructure for companies and cities, such as energy efficiency, public lighting, energy monitoring and management. With 3,000 employees, ENGIE's turnover in Brazil in 2020 was R$ 13.3 billion.

Turnover in 2020: 55.8 billion Euros. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris - World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance).

ENGIE in Brazil

ENGIE is the largest private power producer in the country, operating an installed capacity of 9,178.8 MW in 31 power plants throughout Brazil and accounting for about 6% of the country's capacity. The Group has 90% of its installed capacity in the country coming from clean, renewable sources and with low emissions of greenhouse gases, a status that has been reinforced by the construction of new wind farms in the Northeast and by one of the largest hydropower plants in Brazil, Jirau (3,750 MW). Located on the Madeira River, ENGIE holds a 40% stake in the operation.

The Group is also present in the solar distributed generation market and offers services related to power, engineering and integration of systems, working on the development of telecommunication and security systems, public lighting and urban mobility for smart cities, infrastructures and the oil & gas industry. With 2,100 employees, in 2017, ENGIE reported a turnover of R$ 7 billion in Brazil.

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ENGIE Brasil Energia SA published this content on 23 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 July 2021 11:51:03 UTC.