Brazil to invest more in wind and solar energies

Hydroelectric power is the main source of energy in Brazil to date, but with the recent draughts still affecting the country, it has been necessary to look at other sources. By 2040, Brazil is expected to attract US$ 300 billion in investments for electricity generation – most of it (70%) will go to solar and wind energy projects, according to a study by Bloomberg New Energy Finance (BNEF). The expansion of wind farms in the North-East has been important for the region, and it is where a good part of…

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