Brazil is seizing the opportunity presented by AI's rising demand for energy by positioning itself as an attractive destination for tech companies. With nearly 90% of its electricity sourced from renewables, Brazil has developed a strong transmission infrastructure that supports this strategy. Officials believe this green energy potential, along with the country's supportive policies, will entice major firms like Amazon and Microsoft, which are already investing billions into new data centers. This narrative underscores the advantages of clean energy in attracting foreign investment, not only in AI but across various sectors.
Luis Manuel Rebelo Fernandes, Brazil's deputy minister of science, technology, and innovation, emphasized at the Web Summit that Brazil's renewable energy resources can meet AI power demand.
Brazil is positioning itself as an attractive tech hub by leveraging its renewable energy capacity and existing transmission infrastructure to draw international investment.
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