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Investments in Solar Energy in Diverse Brazilian Regions Contributed to the Record of Distributed Energy Generation
The Brazilian region has been recording constant records in the solar energy and distributed generation market, all because the production of wind energy has increased and hydropower plants are generating less energy due to a lower water index in reservoirs; the trend is that investments in solar energy will further increase this year, 2021.
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Public lighting, public authority, and public service represent 0.42% of photovoltaic systems. Even in the midst of the pandemic, the numbers from 2020 (121,000) already exceed the total number of installations made in 2019 (120,914). The deployment of new distributed generation systems in solar energy and new investments allow consumers to reduce their electricity bills, as they start to buy less energy from utilities and generate credits for energy produced and not consumed.
Record in Solar Energy Investments in 2020
In May 2020, investments in solar energy accounted for 1.6% of the Brazilian energy matrix, which means that 2.87 GW of installed capacity in the country comes from a clean, renewable, and sustainable energy source. The forecast is that Brazil will close 2020 with 174,000 grid-connected photovoltaic systems (0.21% of consumer units).
By 2024, experts estimate that the country will have more than 880,000 solar energy systems connected to the electricity distribution network.
