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Solar energy generation reaches a historic mark on the planet and Brazil is seen as one of the main markets, given the volume of photovoltaic parks that will be installed by 2026

Written by Paulo Nogueira
Published 25/05/2022 às 14:28
Solar energy generation reaches a historic mark on the planet and Brazil is seen as one of the main markets, given the volume of photovoltaic parks that will be installed by 2026

Brazil may have 54 GW of solar energy by 2026, according to an international study

The study Global Market Outlook For Solar Power 2022-2026, a global report by Solar Power Europe released this month in Munich, Germany, shows that solar energy has just surpassed the historic mark of 1 TW of installed power. 

According to the survey, Brazil, leader in the implementation of the source in Latin America, should become one of the main global markets in the coming years, reaching 54 GW of total capacity by 2026. Currently, 15,3 GW are available in the national generation matrix .

The report points out that despite the unprecedented impacts caused by the pandemic in the world, PV capacity has doubled in the world in the last three years. With that, in April the sector surpassed the mark of 1 TW of solar systems in operation in the world. 

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The projection is that the technology will continue to accelerate its growth, surpassing the 2 TW mark in less than four years, which will represent twice the electricity generation power of France and Germany combined.

The survey was coordinated by SolarPower Europe, the European association of the solar sector, with the participation and co-authorship of the Brazilian Association of Photovoltaic Solar Energy (Absolar). The entity was responsible for two chapters of the document: one that presents the panorama and perspectives of the source in Latin America and another specifically dedicated to the market in Brazil.

Advantages of solar energy 

“Understanding the advantages of solar energy in terms of both economics and sustainability and respect for the environment is crucial for society. This is the source of energy that generates the most jobs in the world, in addition to being one of the most strategic energy sources to accelerate the sustainable development of our country”, emphasizes the CEO of the company Elétron Energy, André Cavalcanti. The company, headquartered in Pernambuco and with branches in several Brazilian capitals, plans to invest BRL 1,6 billion in new solar generation parks in the coming years.

The company is in the most promising Brazilian region for photovoltaic energy. The Federal Government, through the Ministry of Mines and Energy (MME) and the Secretariat for Planning and Energy Development (SPE), released a technical report at the end of February that demonstrates the progress of wind and solar sources in the Northeast of the country. 

According to the report, wind and solar energy accounted for 45,5% of the 2020 generation matrix and, for the first time, transformed the region from an importer to a net exporter of electricity. The new configuration of generation in Brazil has modified exchanges between states and regions, providing greater diversity of supply solutions.

Large solar plants are the sixth largest source of energy generation in Brazil and their generation is up to ten times cheaper than electrical sources, especially considering the constant tariff increases. Together, wind and solar energy are the lowest cost sources of electricity compared to producing electricity from other resources. 

Source: Electron Energy

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Paulo Nogueira

With a technical background, I worked in the offshore oil and gas market for a few years. Today, my team and I are dedicated to bringing information from the Brazilian energy sector and the world, always with credible and up-to-date sources.

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