Latin America is currently leading the clean energy revolution, generating over 60% of its electricity from clean sources. This thriving market offers excellent opportunities for developers both in existing technologies and promising new areas such as offshore wind and green hydrogen.
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Brazilian Power Market: Unlocking opportunities
What is essential to know about the Brazilian energy market?
Brazil leads South America in the clean energy revolution with a power market dominated by hydro generation. However, reliance on hydro comes with challenges: It is notably sensitive to precipitation patterns and climate events which could lead to an increased dependence on thermal fossil-fuelled plants. Nevertheless, significant renewables growth—mainly solar PV and wind—currently accounts for 30% of the overall installed capacity and is anticipated to lead the way in future capacity expansion.
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Priscila Vellano
Commercial Manager
