Renewable energy sources are projected to account for 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 a significant transformation in Brazil’s energy sector. Historically dependent on hydropower, the country is now taking steps toward diversifying its renewable portfolio. Government initiatives aimed at promoting clean energy, coupled with efforts to open up the market for private investment, are seen as key contributors to this transition. Additionally, ongoing advancements in project development across various renewable technologies are expected to play a crucial role in achieving this milestone by 2035.

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Source: GO-AI-ne1

Date: June 6, 2025