CLEAN ENERGY EXPERIENCES A GLOBAL BOOM IN BRAZIL

In 2023, the world’s renewable energy generating capacity increased by 510 gigawatts (GW), with solar photovoltaic (PV) accounting for three-quarters of the growth. This is the same as installing more than 36 new Itaipu plants. Over the next five years, this sector is predicted to expand rapidly, with investments tripling and worldwide renewable energy capacity increasing by 3,700 GW. Brazil stands as a country with rising investments in solar and wind energy. Despite improvements in alternative energy, oil continues to play an essential role, particularly in underdeveloped nations.
Source: Folha de São Paulo / Udop (*Translated by Ia Niani)