The electric sector is strategic for the country, being present in the day to day of the population, besides being fundamental for all industries. The participation of the electric sector is also crucial in the efforts to reduce greenhouse gas emissions. With the increasing demand for energy, the strong potential of wind and solar sources in Brazil favors companies that generate energy from renewable sources and, consequently, increases competition in the sector. With this increased competition and the search for complementary resources, mainly through innovation, strategic alliances contribute to a better performance of companies. In this context, there is a need for increasingly sustainable technologies to meet environmental and social interests. Therefore, sustainability-oriented innovations are essential to gain competitive advantage in the industry. The case study carried out at a major power company allowed us to evaluate the strategic implications for innovation oriented towards sustainability through networks/alliances in the electric sector, especially wind and solar sources, using the SNA-SOI strategic analysis tool (Macedo -Soares, 2018). The research demonstrated the adequateness of the focal company s strategy, noting that the relational perspective adds value to traditional strategic analysis by providing important lessons for managers decision making, notably, a broader view of external opportunities and threats, a better analysis of the strengths and weaknesses of partners and their relationships, as well as greater knowledge about the positioning and influence of the sector s strategic actors, considering the characteristics of the network that integrates them.