the last decade , the Brazilian Government approved 53 new solar and wind farms with a total power generation capacity of 1.5GW , in a bid to reduce the country's reliance on hydropower plants which have struggled in 20 years due to below average rainfall. Currently, 60% of Brazil 's energy is produced by hydropower plants, therefore the new solar and wind farms will help diversify the country's energy mix. Companies including EDP Voltalia , Voltalia and the Brazilian Government signed contracts to sell energy for Last Friday in the Brazilian auction.
Last Friday, the Brazilian Government approved 53 new solar and wind farms with a total power generation capacity of 1.5GW, in a bid to reduce the country's reliance on hydropower plants which have struggled in the last decade due to below average rainfall. Currently, 60% of Brazil's energy is produced by hydropower plants, therefore the new solar and wind farms will help diversify the country's energy mix. Companies including EDP Renováveis, Voltalia and SunEdison signed contracts to sell energy for 20 years in the Brazilian auction.