Brazil is the largest economy in South America. Brazil’s share of GDP in South America accounts for more than 55%. In recent years, Brazil’s economic development has been volatile. Domestic demand has been contracting and investments are falling. Brazil is also experiencing a significant drop of investment in infrastructure. This negatively impacts the energy sector, which is a critical part of the country’s overall infrastructure. Current energy structure heavily depends on hydel power, with 61% of the country’s total energy power generated by hydel capacity. Volatility in hydel generation has an amplifying effect on the country’s entire energy capacity, due to the excessive reliance on hydel. Alternative renewable energy resources haven’t been fully explored, constrained by financing. In this context, the project is designed with financing facility provided by New Development Bank (NDB), to enhance the capacity of Brazil’s alternative renewable energy. The project is in alignment with NDB’s objective to accelerate green financing and promote renewable energy development.