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. Solar generation was priced between 290 reais to 302 reais. 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. The government has also announced that it plans to build two more nuclear reactors at Angra dos Reis Nuclear Power Plant near Rio de Janeiro, as well as an additional four units for Itaipu Dam in
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. The government has also announced that it plans to build two more nuclear reactors at Angra dos Reis Nuclear Power Plant near Rio de Janeiro, as well as an additional four units for Itaipu Dam in