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Brazil's Grid Caps Power From Wind and Solar, Threatening Renewable Projects
Wind and solar energy producers in Brazil have warned they are reconsidering future investments there after the national grid operator repeatedly capped how much energy they could deliver in the past year, which squeezed their profits. From a report: Brazil has made big strides encouraging companies...
From a report: Brazil has made big strides encouraging companies to invest in wind, solar and other renewable power generation sources, offering generous financing and subsidies. There are bottlenecks in transmission lines carrying electricity to Sao Paulo, Rio de Janeiro and elsewhere in the more populous southeast region. The operator said its data shows only 3% of electricity generated was lost to curtailments last month.Volt Robotics, a power sector consultancy, analyzed ONS numbers.
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