Brazil announces major renewable energy investment plan

Brazil’s government has announced a multi-billion-dollar renewable energy investment plan aimed at expanding solar and wind power capacity across the country over the next five years. The initiative focuses on reducing dependence on fossil fuels, creating green jobs, and strengthening energy security as electricity demand continues to rise. Officials confirmed that new projects will be launched in the northeastern and southern regions, where wind and solar potential is highest. Environmental groups have welcomed the move, calling it a significant step toward climate resilience, while energy analysts say the plan could position Brazil as a global leader in clean energy development.