Brazil solar+BESS LCOE seen falling 40% to $39/MWh by 2035

McKinsey study presented in São Paulo projects Brazil's Firm LCOE for solar with battery storage will drop from $65/MWh to $39/MWh by 2035, a 40% cost reduction. This signals a major competitiveness leap for renewable firm power in Brazil, potentially reshaping energy market dynamics. The estimate is a projection, not a realized outcome, and depends on technology cost trends and market conditions.