Solfácil CEO Claims Brazil Is the Best Country for Solar Energy

Written by Valdemar Medeiros

Published on 11/02/2021 at 10:35

Energia solar no Brasil

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Solfácil’s CEO Stated at Event That Brazil Has the Capacity to Become the Largest Solar Energy Hub

The CEO of Solfácil, Fábio Carrara, spoke to Bússola Líderes about the great potential of solar energy in Brazil, which is growing by more than 160% a year, yet only reaches 0.5% of properties. “Brazil is known to be the best country in terms of distributed solar energy generation and has huge potential for global leadership in such a market,” says Fábio Carrara, CEO and founder of Solfácil, Brazil’s first solar energy fintech, in an interview with Bússola Lideres.

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“Our country has an abundance of sunlight year-round, a competitive workforce, and high electricity tariffs. All of this makes the return on investment in solar energy in Brazil exceptional. A market that is growing 167% a year and already moves more than R$ 10 billion annually, but still only reaches 0.5% of Brazilian properties,” said Solfácil’s CEO, Fábio Carrara, also noting that this index is 3% in the U.S., 5% in Germany, and 20% in Australia.

Solfácil and Its Mission to Democratize Solar Energy

Solfácil was founded in 2018 by CEO Fábio Carrara with the mission of democratizing solar energy through a financing line that does not require upfront payments, thus generating immediate benefits for consumers, who replace electricity bill expenses with a parcelized investment in a photovoltaic system.

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Solfácil CEO Claims Brazil Is the Best Country for Solar Energy

Solfácil’s CEO Stated at Event That Brazil Has the Capacity to Become the Largest Solar Energy Hub

Read Also

Solfácil and Its Mission to Democratize Solar Energy

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Solfácil CEO Claims Brazil Is the Best Country for Solar Energy

Solfácil’s CEO Stated at Event That Brazil Has the Capacity to Become the Largest Solar Energy Hub

Read Also

Solfácil and Its Mission to Democratize Solar Energy

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A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

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In China, even those who beg on the street already have a QR Code, paper money has practically disappeared from daily life in just ten years, and the entire country has come to live on invisible payments via mobile phones.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

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