Brazil wind solar and energy storage project construction

Are wind and solar power reshaping Brazil's energy mix?

Wind and solar power are also reshaping the country’s energy mix. In 2024, they generated 24% of Brazil’s electricity, more than double their share from five years earlier. Solar power grew from just over 1% of generation in 2019 to 9.6% in 2024, while wind climbed from 8.8% to 15% over the same period.

Will Brazil's energy auction improve power grid reliability?

Interest in the auction has been expressed by power companies such as Portugal’s EDP and Brazil’s ISA Energia. The auction will enhance Brazil’s power grid reliability by integrating energy storage solutions for electricity generated from renewable sources such as wind and solar. US Tariffs are shifting - will you react or anticipate?

Why is Brazil reshaping its energy mix?

Ember said the rapid growth of wind and solar helped Brazil avoid similar surges this year. Wind and solar power are also reshaping the country’s energy mix. In 2024, they generated 24% of Brazil’s electricity, more than double their share from five years earlier.

Why does Brazil conduct solar power auctions?

Brazil typically conducts auctions to secure power capacity for periods when demand peaks but supply diminishes, such as late afternoons – a time when solar power production declines. The June 2025 auction, exclusively for batteries and storage systems, is the first time the government allows such technologies to participate.

Will Brazil conduct the first energy storage auction?

Brazil is set to conduct the country's first-ever energy storage auction for adding batteries and storage systems to the national power grid.

Is Brazil's power sector going down?

Brazil’s power sector emissions peaked in 2014 and by 2024 had fallen 31% even as electricity demand rose 22%, Ember said. The think tank credited a fifteenfold increase in wind and solar generation with outpacing demand growth and cutting fossil generation by 45%.