Title: The Brazilian Power Market: An Interesting Investment Regime for Onshore Wind and Solar Power?

Language: English

Type: Document

Nature: Other PPP Reference

Published: October 20, 2019

Region: Latin America and Caribbean

Country: Brazil

Sector: Energy and Power

Topic: Climate-Smart

Keywords: Climate Smart, Renewable Energy, Energy and Power Core

Document Link(s):

Document Summary:

In 2014, Brazil ranked tenth amongst the countries with the most total installed capacity of wind power. Since the first successful onshore wind-exclusive power auction in 2009, much has happened in the Brazilian renewables market. 

Document Details:

The rapid development, in particular as for solar and onshore wind power, is largely due to factors such as abundant wind and solar resources, the regulator's long-term planning and an auction-based scheme awarding long-term power purchase agreements to the winning bidders. The report provides  an overview of the legal framework in place for tender proceedings related to renewable sources in Brazil.

Updated: September 15, 2021