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Brazil's wind grid share forecast to hit 11% in decade

Bnamericas Published: Wednesday, August 27, 2014

The share of wind power in Brazil's energy matrix will rise by more than 7 percentage points over the next decade, according to federal energy planning company EPE.

Speaking during an event in Rio de Janeiro, EPE president Maurício Tolmasquim predicted the source would account for 11% of Brazil's installed capacity by 2024, up from about 3.85% today.

According to EPE data, wind makes up more than 5GW of Brazil's estimated installed capacity of 130GW.

Elbia Melo, the president of Brazil's wind industry association Abeeólica, said the sector had been bolstered by the addition of 4.7GW in contracted projects last year.

"We ended last year with a surprising result, much better than what we'd expected," Melo was quoted as saying by state news service Agência Brasil.

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  • Company: Bolt Energias S.A.  (Bolt)
  • Bolt Energias was established in 2010 and is based in Brazil. The company's activities revolve around project development and operation of power generation assets. The company i...