The forecasted data for renewable electricity generation excluding hydroelectricity in Brazil from 2024 to 2028 indicates a consistent upward trend. Starting from a value of 16.67% in 2024, the generation is anticipated to rise to 18.7% by 2028. This represents a compound annual growth rate (CAGR) of approximately 2.92% over the five-year period. The year-on-year growth also remains steady, with incremental increases visible each year.
Future trends to watch for include potential policy changes in Brazil regarding renewable energy incentives, technological advancements in non-hydroelectric renewable sectors, and shifts in global energy markets that may influence Brazil's renewable energy strategy.
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