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Renewables account for 45.3% of Brazil's energy in 2018

Enel's Fontes Solar 2 plant in Brazil. Source: Enel

May 28 (Renewables Now) - The total renewables share in the energy mix of Brazil rose to 45.3% in 2018, according to data from the National Energy Balance report.

Renewables' growth reached 4.3 million toe (equivalent tonne of oil). The higher share has allowed Brazil to cut carbon dioxide (CO2) emissions to 410.6 million toe, the Ministry of Mines and Energy said on Friday.

In the electricity supply mix, renewable sources reached a share of 83.3% in 2018, up from 80.5% in 2017. Solar's share grew the most.

The Brazilian National Energy Balace is an official document prepared by the Ministry of Mines and Energy together with state-owned energy research firm EPE, with the purpose of disseminating the main performance indicators of the country's energy sector. It shows that for the first time in history, energy production in Brazil surpassed demand.

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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