Renewable energy sources are projected to contribute over half of Brazil’s annual power generation by 2035, according to recent forecasts. The shift is expected to be driven by government policies, market liberalization, and the development of new renewable energy projects. These factors are anticipated to reduce Brazil’s reliance on hydropower and diversify its energy mix with other renewable sources such as wind and solar.

The forecast highlights ongoing efforts in Brazil to transition its energy sector. Government initiatives aimed at promoting sustainable energy, coupled with reforms that open the market for private investments, are playing a significant role in this transformation. Additionally, advancements in technology and increased project development in wind and solar power are contributing to the diversification of Brazil’s renewable energy portfolio. This marks a significant step away from the country’s historical dependence on hydropower as its primary source of electricity generation.

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Source: GO-AI-ne1

Date: June 6, 2025