Region: Latin America and Caribbean
Sector: Energy and Power
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.
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