Wind solar storage tender price in Brazil 2026

What are China's solar plans for Brazil?

The company’s plans also include approving the first solar projects, which should total around 1 gigawatt of installed capacity. Chinese money is expected to flow to Brazil from state-owned companies, especially State Grid, which won 80% of the last transmission auction.

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.

How much energy is invested in renewable sources in Brazil?

The amount corresponds to investment in large generation plants, of which 34% are related to renewable sources, such as wind and solar, currently the drivers of the Brazilian electricity sector growth.

How much money will Brazil spend on construction projects in 2023?

In 2023 alone, Brazil contracted R$37.5 billion in projects through two auctions. For future projects, EPE has pointed to works to be authorized in auctions expected to result in R$32 billion in investments by 2026 for the construction of 9,000 kilometers, in addition to substations.

What will Casa dos Ventos do in 2026?

The most recent announcement was made by energy company Casa dos Ventos, with more than R$12 billion to be allocated by the end of 2026 to support its business expansion cycle. The company’s plans also include approving the first solar projects, which should total around 1 gigawatt of installed capacity.

Is Brazil a good place to invest in the energy transition?

Brazil is one of the most attractive markets to invest in the energy transition, given the quality of its energy resources, and also thanks to its regulatory stability and legal security,” Mr. Silveira said. The financial viability of projects brings uncertainties, as it is a capital-intensive industry.