Wind power experienced a quick development in Brazil in the past few years and solar power now is expanding rapidly, helped by the auctions. Last Friday , the Brazilian Government approved 53 new solar and wind farms with a total installed 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 Energy , Voltalia and SunEdison signed contracts to sell energy for 20 years in the Brazilian auction .
Last Friday , the Brazilian Government approved 53 new solar and wind farms with a total installed 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 Energy , Voltalia and SunEdison signed contracts to sell energy for 20 years in the Brazilian auction .