December 6 (Renewables Now) - Brazil's Ministry of Mines and Energy approved on Tuesday its new energy plan, with a goal of reaching a roughly 48% renewables share in 2026 in the 351 million tonnes of oil equivalent (mtoe) energy needed to move the economy.
Under the Ten Year Energy Plan 2026 (PDE 2026) the country's National Interconnected System (SIN) is to hit 212.5 GW of installed capacity, of which more than 50% will come from non-hydro sources.
More details on Brazil's estimated renewables capacity in 2026 are available in the table below.
|Small hydro||8.1 GW|
|Large hydro||103 GW|
According to a previous press release, the investments needed for this expansion will amount to BRL 1.4 trillion (USD 433.4bn/EUR 366.8bn).
(BRL 1 = USD 0.310/EUR 0.262)