On February 7, Brazil marked a landmark achievement, powering 92.4% of its electricity from renewables, as confirmed by the Ministry of Mines and Energy MME.

Minister Alexandre Silveira praised this record, especially noting the peak energy use of 101,860 megawatts.

 Image by BNDES

Brazil put into operation 621.56 MW of new renewable power plants in January 2024, including wind, solar, and hydropower capacities, power sector regulator Aneel announced on Monday.

Aneel projects that Brazil will install a little over 10.1 GW of new power generation capacity during 2024. If achieved, this will be the second largest annual expansion recorded since 1997, following the around 10.3 GW added last year.

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