Brazil Renewable Energy Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers the Brazil Solar Renewable Energy Market Size and Share, and It is Segmented by Type (Wind, Solar, Hydro, Bioenergy, and Others. The Market Size and Forecasts for the Brazilian Renewable Energy Market in Terms of Installed Capacity (GW) for all the Above Segments.

Brazil Renewable Energy Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Brazil Renewable Energy Market Size

View Global Report
Brazil Renewable Energy Market Summary
Study Period 2024 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Volume (2025) 235.62 gigawatt
Market Volume (2030) 321.31 gigawatt
CAGR 6.40 %
Market Concentration Medium

Major Players

Brazil Renewable Energy Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Brazil Renewable Energy Market with other markets in Energy & Power Industry

Oil and Gas

Power

Battery

Decommissioning

Emerging Energy Technologies

Energy Storage Technology

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Brazil Renewable Energy Market Analysis

The Brazil Renewable Energy Market size is estimated at 235.62 gigawatt in 2025, and is expected to reach 321.31 gigawatt by 2030, at a CAGR of 6.4% during the forecast period (2025-2030).

  • Over the long term, factors such as the increasing investments and developments in the wind energy sector and supportive government policies are expected to drive the market during the forecast period. Upcoming renewable energy projects are likely to drive the Brazilian renewable energy market during the forecast period.
  • However, limited land and limited power capacity by variable renewable energy sources are expected to hinder the market growth during the study period.
  • Brazil has aimed to exceed its renewable energy installed capacity to 60 GW by 2030. This is expected to provide ample opportunities for the market studied in the coming years.

Brazil Renewable Energy Industry Overview

The Brazilian renewable energy market is moderately fragmented. The key players in the market (in no particular order) include ENGIE Brazil, Eletrobras Furnas, Companhia Hidro Eletrica do Sao Francisco (CHESF), CPFL Energias Renovaveis SA, and Omega Geracao SA.

Brazil Renewable Energy Market Leaders

  1. CPFL Energias Renovaveis SA

  2. ENGIE Brazil

  3. Eletrobras Furnas

  4. Companhia Hidro Eletrica do Sao Francisco

  5. Omega Geracao SA

  6. *Disclaimer: Major Players sorted in no particular order
Brazil Renewable Energy Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

Brazil Renewable Energy Market News

  • March 2024: Energea, an online investment platform that provides access to portfolios of renewable energy projects, announced the completion of 12 new projects in its Community Solar in Brazil portfolio. These latest additions mark a significant milestone in Energea's mission to provide sustainable and efficient energy solutions across Brazil.
  • October 2023: ENGIE Brasil Energia awarded ANDRITZ a contract for the modernization of the 424 MW Jaguara hydropower plant. The ANDRITZ scope of supply includes the modernization of the four Francis turbine-generator units with a capacity of 106 MW each, governors, excitation system, automation system, and all related auxiliary systems. ANDRITZ Hydro Brazil will execute the contract.

Brazil Renewable Energy Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Renewable Energy Installed Capacity and Forecast in MW, till 2029
  • 4.3 Brazil Renewable Energy Mix, 2023
  • 4.4 Recent Trends and Developments
  • 4.5 Government Policies and Regulations
  • 4.6 Market Dynamics
    • 4.6.1 Drivers
    • 4.6.1.1 Increasing Investments in Wind and Solar Energy
    • 4.6.1.2 Supportive Government Policies in Developing Renewable Energy
    • 4.6.2 Restraints
    • 4.6.2.1 Limited Land And Limited Power Capacity By Variable Renewable Energy Sources
  • 4.7 Supply Chain Analysis
  • 4.8 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 By Type
    • 5.1.1 Wind
    • 5.1.2 Solar
    • 5.1.3 Hydro
    • 5.1.4 Bioenergy
    • 5.1.5 Other Types

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 ENGIE Brazil
    • 6.3.2 Eletrobras Furnas
    • 6.3.3 Companhia Hidro Eletrica do Sao Francisco
    • 6.3.4 CPFL Energias Renovaveis SA
    • 6.3.5 Omega Geracao SA
    • 6.3.6 Siemens Gamesa Renewable Energy SA
    • 6.3.7 Vestas Wind Systems AS
  • *List Not Exhaustive
  • 6.4 Market Ranking/Share (%) Analysis

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Brazil's Offshore Wind Potential and Projects
**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Brazil Renewable Energy Industry Segmentation

Renewable energy is the energy collected from renewable resources such as sunlight, wind, the movement of water, and geothermal heat that are naturally replenished.

The Brazilian renewable energy market is segmented by type. By type, the market is segmented into wind, solar, hydro, bioenergy, and other types. For each segment, the installed capacity and forecasts have been done based on gigawatts (GW).

By Type Wind
Solar
Hydro
Bioenergy
Other Types
Need A Different Region or Segment?
Customize Now

Brazil Renewable Energy Market Research FAQs

How big is the Brazil Renewable Energy Market?

The Brazil Renewable Energy Market size is expected to reach 235.62 gigawatt in 2025 and grow at a CAGR of 6.40% to reach 321.31 gigawatt by 2030.

What is the current Brazil Renewable Energy Market size?

In 2025, the Brazil Renewable Energy Market size is expected to reach 235.62 gigawatt.

Who are the key players in Brazil Renewable Energy Market?

CPFL Energias Renovaveis SA, ENGIE Brazil, Eletrobras Furnas, Companhia Hidro Eletrica do Sao Francisco and Omega Geracao SA are the major companies operating in the Brazil Renewable Energy Market.

What years does this Brazil Renewable Energy Market cover, and what was the market size in 2024?

In 2024, the Brazil Renewable Energy Market size was estimated at 220.54 gigawatt. The report covers the Brazil Renewable Energy Market historical market size for years: 2024. The report also forecasts the Brazil Renewable Energy Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Brazil Renewable Energy Industry Report

Statistics for the 2025 Brazil Renewable Energy market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Brazil Renewable Energy analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.