Brazil PV capacity milestone: 55 GW of solar energy installed
Brazil’s photovoltaic (PV) capacity has reached an impressive 55 GW, with 29.7 GW in distributed generation and 25.3 GW in centralized generation. This monumental achievement highlights Brazil’s rapid solar energy advancement, attracting $60.6 billion in investment and creating over 1.5 million jobs, as reported by the Brazilian Solar Photovoltaic Energy Association (ABSOLAR) source.
Brazil PV capacity drives $60.6 billion in solar energy investment
Brazil has reached a significant milestone in its solar energy journey. The country has now installed 55 GW of photovoltaic (PV) capacity. This achievement is a testament to the rapid growth of the solar energy sector in Brazil and its potential to revolutionize the nation’s energy landscape. According to the Brazilian Solar Photovoltaic Energy Association (ABSOLAR), this capacity includes 29.7 GW in distributed generation and 25.3 GW in centralized generation. Such growth reflects a massive investment in the solar sector, totaling $60.6 billion, and has significantly boosted job creation, with over 1.5 million jobs across the country.
Distributed generation boosts Brazil PV capacity across the nation
In the realm of distributed generation, solar energy has become the dominant force, accounting for 98.6% of the capacity. This sector empowers electricity consumers to produce their energy, and its growth has been substantial, with over 6.1 million consumer units benefiting from the technology. The installed capacity in distributed generation has reached 29.7 GW, representing 11.6% of the National Interconnected System (SIN).
Brazil PV capacity strengthens solar share in national energy mix
In centralized generation, solar energy has also made significant strides. The 24.9 GW of installed capacity in this sector accounts for 10.3% of the SIN. This positions solar energy in third place in Brazil’s energy mix, just behind hydroelectric (52.9%) and thermoelectric (24.9%) power plants.
Solar energy now represents 22.2% of the country’s energy mix when considering both distributed and centralized generation. This growth has positioned Brazil as the seventh-largest nation in the world in terms of installed solar capacity, according to the International Renewable Energy Agency (Irena).
Brazil PV capacity fuels economic growth beyond energy production
The benefits of solar energy in Brazil extend beyond just energy production. The sector has proven to be a powerful driver of investment and job creation. The $60.6 billion invested in the solar industry has led to the creation of 1.5 million jobs, providing significant economic benefits to the country.
The distributed generation sector, in particular, has had a profound impact on the Brazilian economy and energy sector. It has led to the installation of 29.7 GW of capacity, serving over 6.1 million consumer units. This growth has not only reduced energy costs for consumers but has also increased the security of the country’s energy supply.
The centralized generation sector, with 24.9 GW of installed capacity, has also played a critical role in the energy mix. It has helped to reduce Brazil’s reliance on hydroelectric and thermoelectric power, providing a more balanced and sustainable energy matrix.
Brazil’s journey towards a greener, more sustainable future is well underway, and the continued growth of the solar sector will be a key driver in achieving these goals. As the country continues to expand its solar capacity, it will further solidify its position as a leader in renewable energy on the global stage. The future of solar energy in Brazil is bright, and the potential for continued growth is immense.
