Outlook for Renewables Remains Positive in Brazil

Outlook for Renewables Remains Positive in Brazil

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.