1. Home
  2. / Renewable energy
  3. / Brazilian companies invest billions in solar energy and expand competitiveness and sustainability
reading time 3 min read

Brazilian companies invest billions in solar energy and expand competitiveness and sustainability

Written by Bruno Teles
Published 11/05/2023 às 15:20
investment in solar energy
photo/disclosure

Brazilian companies and industries have already invested more than BRL 32 billion in photovoltaic systems for their own generation of solar energy, according to a survey carried out by Bonö Fotovoltaico.

Based on official data from ANEEL, the engineering and project company for solar energy generation for the corporate market, reported that there are more than 226 Photovoltaic systems installed on roofs and small plots of land to produce clean electricity in factories, trade and service companies across the country.

Solar energy systems add up to more than 6,3 GW of installed power for own energy generation in companies and industries, with projects that are in operation in all regions of Brazil.

Photovoltaic technology is also present in around five thousand municipalities in the corporate environment.

For the CEO of Grupo Bonö, Marcelo Abuhamad, the own generation of solar energy strengthens sustainability and corporate leadership in the so-called ESG agenda. This also increases the competitiveness of Brazilian productive sectors, with more sustainable and profitable operations.

In addition, Abuhamad points out that even with the new rules for consumers with solar energy that came into force in April, the installation of photovoltaic systems remains attractive and advantageous for companies that want to invest in technology. The CEO also adds that the main challenge that top management currently faces is the situation of the global economy, which makes most businessmen around the world believe in an economic slowdown in the coming years.

Brazil is one of the optimistic countries regarding the future

Abuhamad stated that most businessmen he knows are already taking steps to reduce carbon emissions and economic volatility in 2023. This includes the strategy of investing in renewable energy, particularly solar, which provides a better payback than most conventional financial investments.

Investing in own generation of solar energy is an important way for companies to reduce their carbon footprint, contributing to the protection of the environment. Photovoltaic technology can also generate savings in electric bills, increasing business competitiveness. Companies and industries are increasingly interested in adopting sustainable practices, not only for their role in environmental protection, but also for the competitive advantage they can bring in an increasingly environmentally conscious market.

With the growing need to seek renewable energy sources, the perspective is that solar energy will continue to be attractive to Brazilian companies and industries in the coming years. The country has great potential to take advantage of sun energy, with high solar radiation and a large number of sunny days per year. This is an important opportunity for companies and industries to increase their sustainability and operational efficiency, in addition to contributing to the growth of a cleaner economy.

Be the first to react!
React to article
Bruno Teles

I talk about technology, innovation, oil and gas. I update daily about opportunities in the Brazilian market. With more than 3.000 articles published in CPG. Agenda suggestion? Send it to brunotelesredator@gmail.com

Share across apps