Brazil Reaches Investments of R$ 57.2 Billion and Attains 11 GW Capacity of Solar Photovoltaic Energy

Written by Roberta Souza

Published on 22/10/2021 at 09:58

Energia solar/ Fonte: Portal Solar

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Absolar Announced That The Country Avoided The Emission Of 12.5 Million Tons Of CO2 In Electricity Generation Through Solar Energy

Brazil has just surpassed the mark of 11 GW of operational capacity from solar photovoltaic sources. This total includes large plants and small and medium systems installed on roofs, facades, and land. According to the Brazilian Photovoltaic Solar Energy Association, there were around R$ 57.2 billion in new investments, R$ 15.2 billion in revenue for public coffers, and over 330,000 jobs created since 2012. With this, it also avoided the emission of 12.5 million tons of CO2 in electricity generation. Also read this news: São Paulo State Government Projects 50 More Solar Power Plants By The End Of 2022

Increase In Solar Energy Usage

According to Absolar’s CEO, Rodrigo Sauaia, the advancement of solar energy in Brazil, through large plants and self-generation in residences, small businesses, rural properties, and public buildings, is essential for Brazil’s social, economic, and environmental development. The source helps to diversify the country’s electricity supply, reducing pressure on water resources and the risk of further increases in electricity bills for the population.

“Large solar plants generate electricity at prices up to ten times lower than emergency fossil thermal plants or imported electricity from neighboring countries currently, two of the main contributors to tariff increases for consumers,” he states.

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Great Generation Capacity

Brazil has 3.8 GW of installed capacity in large solar plants, equivalent to 2% of the Brazilian electric matrix. Since 2012, large solar plants have already brought over R$ 20.8 billion in new investments and over 114,000 jobs created in Brazil, in addition to providing R$ 6.3 billion in revenue for public coffers.

In the distributed generation segment, there are 7.2 GW of installed capacity. This represents over R$ 36.4 billion in investments and R$ 8.9 billion in revenue generated since 2012, spread across the five regions of Brazil. Solar technology is currently used in 99.9% of all self-generation connections in the country, leading the segment by far. When combining the installed capacities of large plants and self-generated solar energy, solar now ranks fifth in the Brazilian electric matrix. Recently, solar surpassed the installed capacity of thermal power plants fueled by oil and other fossils, which represent 9.2 GW of the Brazilian electric matrix.

Check Out This News: Safira Solar Will Invest R$ 300 Million In The Construction Of New Solar Photovoltaic Power Plants

Safira Solar, a distributed solar energy generation company from the Safira Group, will invest at least R$ 300 million in the next two years to construct solar photovoltaic power plants, including in the state of Minas Gerais. According to the Diário do Comércio website, with projects that also include centralized generation, investments could reach R$ 500 million during this period, depending on funding sources and project approval with the national operator.

According to Safira Solar’s Managing Partner, Vinícius Ferreira, the state of Minas Gerais has already received the company’s first solar photovoltaic power plant and has three more under construction, which are expected to be operational in the first quarter of next year, with investments of R$ 70 million. The plant already in operation in Montes Claros was inaugurated in April, with 5 megawatts (MW) of installed capacity, serving 534 consumers and 44 commercial clients in over 200 cities in the state.

Brazil Reaches Investments of R$ 57.2 Billion and Attains 11 GW Capacity of Solar Photovoltaic Energy

Absolar Announced That The Country Avoided The Emission Of 12.5 Million Tons Of CO2 In Electricity Generation Through Solar Energy

Increase In Solar Energy Usage

Great Generation Capacity

Check Out This News: Safira Solar Will Invest R$ 300 Million In The Construction Of New Solar Photovoltaic Power Plants

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Brazil Reaches Investments of R$ 57.2 Billion and Attains 11 GW Capacity of Solar Photovoltaic Energy

Absolar Announced That The Country Avoided The Emission Of 12.5 Million Tons Of CO2 In Electricity Generation Through Solar Energy

Increase In Solar Energy Usage

Great Generation Capacity

Check Out This News: Safira Solar Will Invest R$ 300 Million In The Construction Of New Solar Photovoltaic Power Plants

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