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Brazil Wind Energy - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031)

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    Report

  • 95 Pages
  • July 2026
  • Region: Brazil
  • Mordor Intelligence
  • ID: 5012259
Brazil wind energy market size in 2026 is estimated at 36.79 gigawatt, growing from 2025 value of 35.5 gigawatt with 2031 projections showing 43.93 gigawatt, growing at 3.62% CAGR over 2026-2031. This report is Segmented by Location (Onshore and Offshore), Turbine Capacity (Less Than 3 MW, 3 To 6 MW, and Above 6 MW), and Application (Utility-Scale, Commercial and Industrial, and Community Projects). The Market Size and Forecasts are Provided in Terms of Installed Capacity (GW).

Brazil Wind Energy Market Trends and Insights

Rapid scale-up of ACL power contracts boosting wind PPAs

Brazil’s ACL lowered the eligibility threshold to 500 kW in 2023 and is expected to be fully operational by 2028, thereby multiplying the addressable buyer pool. Corporations now sign multi-year wind PPAs to hedge spot volatility, exemplified by ArcelorMittal’s R $4.2 billion deal, which covers 38% of its Brazilian load. Energy desks at B3 offer risk-management products that enable generators to swap Real-denominated cash flows into USD, thereby offsetting currency swings. Developers secure premium tariffs versus regulated auctions, and the trend accelerates as renewable subsidies phase out, making the ACL the main revenue engine for the Brazil wind energy market.

Northeast grid expansion unlocking new interconnections

Chesf and ONS are rolling out 1,700 km of extra-high-voltage lines, most visibly the Asa Branca corridor, to ferry surplus Northeast wind toward load centers in the Southeast. Iberdrola’s USD 1 billion commitment signals foreign confidence that congestion can be tamed. Each kilometer energized frees stranded parks and trims curtailment, raising delivered megawatt-hours without tapping new sites. In the longer term, reinforced corridors will enable hybrid wind-plus-solar farms to co-share capacity, further stabilizing grid frequency.

Transmission congestion risk in Rio Grande do Norte & Bahia

A 2023 grid split cut 18,900 MW of load, exposing the Northeast-Southeast bottleneck. Curtailment peaks force generators to spill wind even as thermal plants fire up elsewhere, eroding project IRRs. Until new 500 kV circuits are energized, some developers locate projects in suboptimal wind tracts solely to access evacuation, thereby trimming the overall growth of the Brazilian wind energy market.

Other drivers and restraints analyzed in the detailed report include:

  • Lower LCOE from 4-6 MW turbines accelerating repowering
  • Corporate decarbonisation targets of Brazilian C&I off-takers
  • Slow environmental licensing for offshore foundations & cables

Segment Analysis

Onshore assets delivered the full 35.5 GW operating base in 2025 and continue to expand at a moderate 3.68% CAGR as developers squeeze more energy from existing corridors. Repowering PROINFA-era sites with 4-5 MW machines increases output without requiring new land, supporting incremental additions to the Brazilian wind energy market size. Consistent trade-wind regimes and mature supply chains keep LCOE competitive, while ACL contracts help offset mild curtailment risk in grid-constrained nodes.

Offshore remains aspirational. Although 189 GW sit in IBAMA’s queue, permitting complexity and undefined auction terms defer large-scale commitments. Demonstration projects, such as the 720 MW Asa Branca array, could pioneer revenue models; however, full commercialization is unlikely before 2028. In the meantime, onshore projects dominate corporate procurement, underscoring the near-term centrality of land-based build-outs to the Brazilian wind energy market.

Complete Report Scope:

  • By Location
    • Onshore
    • Offshore
  • By Turbine Capacity
    • Up to 3 MW
    • 3 to 6 MW
    • Above 6 MW
  • By Application
    • Utility-scale
    • Commercial and Industrial
    • Community Projects
  • By Component (Qualitative Analysis)
    • Nacelle/Turbine
    • Blade
    • Tower
    • Generator and Gearbox
    • Balance-of-System

List of Companies Covered in this Report:

  • Vestas Wind Systems A/S
  • Siemens Gamesa Renewable Energy SA
  • GE Vernova (GE Renewable Energy)
  • Nordex SE
  • Xinjiang Goldwind Science & Technology Co. Ltd
  • Enercon GmbH
  • Neoenergia S/A
  • Enel Green Power Brasil
  • Voltalia SA
  • Engie Brasil Energia SA
  • Acciona Energia SA
  • EDF Renewables Brasil
  • Equinor ASA
  • AES Brasil Energia SA
  • CPFL Renovaveis SA
  • Atlantic Energias Renovaveis SA
  • Elecnor-Enerfin do Brasil
  • Statkraft Energias Renovaveis SA
  • Omega Energia S/A
  • TotalEnergies (Total Eren Brasil)

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

Table of Contents

1 Introduction
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study
2 Research Methodology3 Executive Summary
4 Market Landscape
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rapid Scale-Up of Brazil's Free-Market (ACL) Power Contracts Boosting Wind PPAs
4.2.2 Northeast Grid Expansion (Chesf & ONS) Unlocking New Interconnections
4.2.3 Lower LCOE From 4-6 MW Turbines Accelerating Repowering
4.2.4 Corporate Decarbonisation Targets of Brazilian C&I Off-Takers Driving Captive Procurement
4.2.5 Favourable BNDES & BNB Financing Lines for Local-Content-Compliant Equipment
4.2.6 Strong Trade-Wind Resource in Northeastern Littoral Reducing Variability
4.3 Market Restraints
4.3.1 Transmission Congestion Risk in Rio Grande do Norte & Bahia
4.3.2 Slow Environmental Licensing for Offshore Foundations & Cables
4.3.3 Competition From Rapidly Falling Utility-Scale Solar CAPEX in Sertao
4.3.4 Peso Depreciation Raising Cost of Imported Nacelle Components
4.4 Supply-Chain Analysis
4.5 Regulatory Outlook (ANEEL Resolutions, Portaria 52/2022)
4.6 Technological Outlook (Floating Offshore, Hybrid Complexes)
4.7 Porters Five Forces
4.7.1 Threat of New Entrants
4.7.2 Bargaining Power of Suppliers
4.7.3 Bargaining Power of Buyers
4.7.4 Threat of Substitutes
4.7.5 Industry Rivalry
4.8 PESTLE Analysis
5 Market Size & Growth Forecasts
5.1 By Location
5.1.1 Onshore
5.1.2 Offshore
5.2 By Turbine Capacity
5.2.1 Up to 3 MW
5.2.2 3 to 6 MW
5.2.3 Above 6 MW
5.3 By Application
5.3.1 Utility-scale
5.3.2 Commercial and Industrial
5.3.3 Community Projects
5.4 By Component (Qualitative Analysis)
5.4.1 Nacelle/Turbine
5.4.2 Blade
5.4.3 Tower
5.4.4 Generator and Gearbox
5.4.5 Balance-of-System
6 Competitive Landscape
6.1 Market Concentration
6.2 Strategic Moves (M&A, Partnerships, PPAs)
6.3 Market Share Analysis (Market Rank/Share for key companies)
6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, and Recent Developments)
6.4.1 Vestas Wind Systems A/S
6.4.2 Siemens Gamesa Renewable Energy SA
6.4.3 GE Vernova (GE Renewable Energy)
6.4.4 Nordex SE
6.4.5 Xinjiang Goldwind Science & Technology Co. Ltd
6.4.6 Enercon GmbH
6.4.7 Neoenergia S/A
6.4.8 Enel Green Power Brasil
6.4.9 Voltalia SA
6.4.10 Engie Brasil Energia SA
6.4.11 Acciona Energia SA
6.4.12 EDF Renewables Brasil
6.4.13 Equinor ASA
6.4.14 AES Brasil Energia SA
6.4.15 CPFL Renovaveis SA
6.4.16 Atlantic Energias Renovaveis SA
6.4.17 Elecnor-Enerfin do Brasil
6.4.18 Statkraft Energias Renovaveis SA
6.4.19 Omega Energia S/A
6.4.20 TotalEnergies (Total Eren Brasil)
7 Market Opportunities & Future Outlook
7.1 White-Space & Unmet-Need Assessment

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Vestas Wind Systems A/S
  • Siemens Gamesa Renewable Energy SA
  • GE Vernova (GE Renewable Energy)
  • Nordex SE
  • Xinjiang Goldwind Science & Technology Co. Ltd
  • Enercon GmbH
  • Neoenergia S/A
  • Enel Green Power Brasil
  • Voltalia SA
  • Engie Brasil Energia SA
  • Acciona Energia SA
  • EDF Renewables Brasil
  • Equinor ASA
  • AES Brasil Energia SA
  • CPFL Renovaveis SA
  • Atlantic Energias Renovaveis SA
  • Elecnor-Enerfin do Brasil
  • Statkraft Energias Renovaveis SA
  • Omega Energia S/A
  • TotalEnergies (Total Eren Brasil)