The Brazilian Senate has passed a key bill of law crafted to unlock investments in offshore renewable energy projects in the country.
The federal bill, sponsored by Jean Paul Prates, a senator from the opposition Workers’ Party, proposes a regulatory framework for developing energy in the offshore environment, including floating solar power.
The bill adds to a decree issued by the government earlier this year that laid the groundwork for the implementation of offshore wind farms, an industry that already has permitting applications for more than 140 gigawatts of capacity in Brazil.
