Nothing is certain in Brazil at the moment – especially the continuation of President Michel Temer’s administration – but weary of changes in direction, Brazil’s renewable energy sector is rallying behind the mines and energy minister Fernando Coelho Filho in a bid to cement pro-market changes.
At stake are what informed commentators say are necessary reforms to the country’s 13-year-old sector that promise to protect and improve investment returns, open up the non-regulated market, remove subsidies and reorganise tenders, particularly in the wake of changes in financing from the Brazilian Development Bank (BNDES).
