Outlook for Renewables Remains Positive in Brazil
Total renewables generation capacity is planned to reach almost 90% over the next decade. This dynamic will be driven by wind and solar, as hydropower loses share.
- Brazil has been pivoting towards wind projects (without subsidies) and away from hydropower as its fastest growing source of renewable energy
- Solar energy investments in Brazil offer solid risk-adjusted returns
- We expect 5GW to 7GW of capacity additions over the next five years.