Brazil Renewables Q4 2018
Brazil is one of the leading regional markets in terms of non-hydropower renewables development with a combinationof wind, biomass and solar together accounting for a significant share of energy generated in the country. Our forecasts for therenewables sector remain relatively conservative. While Brazil is well suited to the development of greater renewables capacity,there are some challenges facing the industry, including limited access to skilled labour, macroeconomic instability and issuessurrounding corruption which have created delays for projects within the power industry. That being said, successful power auctionsand the investment plans of major domestic and international developers bodes well for growth in the market.
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