Government impulse increases solar potential in agriculture
Brazil's agricultural sector, one of the vital pillars of the national economy, is about to enter a new era of innovation and sustainability with the advent of solar energy. The recent news about the 2023/2024 Harvest Plan is a testimony to this transformation, placing solar energy at the forefront of sustainable growth in agribusiness.
2023/2024 harvest plan: A milestone for solar energy in agribusiness
The recently announced government initiative aims to inject R＄441 billion into the agricultural sector, a significant increase of 27% compared to the previous year. This robust financing paves the way for an energy revolution in the countryside, with solar energy as the protagonist.
Injection of resources and financing facilities
An amount of R＄364,22 billion will be allocated to medium and large producers, and R＄77,7 billion to small farmers. This financing includes facilities to acquire and implement solar energy systems, solar heaters, electric vehicles and high-efficiency machines, marking a new chapter in the history of sustainable agriculture.
Opportunities expanded by private financing
In addition to public financing options, producers can also take advantage of credit lines from private banks, which offer more agility in releasing funds for various projects, including those that are not eligible under the Safra Plan and BNDES.
Brazil: An Emerging Giant in the Solar Energy Market
Brazil is already one of the largest importers of solar panels from China, signaling a notable rise in the solar energy market. The sector, according to IRENA and ILO, created 13,7 million jobs in 2022 globally, with solar photovoltaics leading job creation.
Economic and Environmental Impact of Solar Energy
With more than 34 GW of installed power, solar energy represents a significant portion of the Brazilian energy matrix. Since 2012, this energy source has attracted approximately R＄165,4 billion in investment and generated more than 1 million jobs, while avoiding the emission of 42,4 million tons of CO².
The Green and Self-Sufficient Future of Brazilian Agriculture
Solar energy is shaping the future of Brazilian agriculture to be greener and more self-sufficient. With government support, affordable financing and a booming energy sector, rural producers are well positioned to ensure a sustainable future for the sector.
Brazil: Leader in the Adoption of Photovoltaic Energy
As one of the leaders in the adoption of photovoltaic generation, Brazil is expanding its benefits for the economy, environment and well-being of future generations. Solar energy is becoming the driving force of Brazilian agribusiness, propelling it towards a more sustainable future.
About Bruno Catta Preta: Bruno is the director of institutional relations at Genyx Solar Power and regional coordinator at Absolar, bringing his expertise to the growth of the solar energy sector in Brazil.
About Genyx
Founded in 2011, Genyx is committed to the energy revolution, providing complete solutions in the solar ecosystem. The company stands out for its expertise, agility and quality, building transparent and productive relationships, offering solutions that include photovoltaic kits and training programs, consolidating its position as a leader in the solar market.
Source: Bruno Catta Preta
