Investments in Residential Solar Energy in Brazil Exceed R$ 150 Billion and Reach 31 GW, Reveals ABSOLAR.

Written by Corporativo

Published on 14/08/2024 at 10:13

Be the first to react!

Investments in Own Solar Generation Exceed R$ 150 Billion and 31GW Installed, with 931,000 Green Jobs and 3.9 Million Consumer Units Served in Brazil.

Investments in own solar generation have surpassed R$ 150 billion, reaching an impressive total of 31GW of installed capacity. This significant advance has resulted in the generation of 931,000 green jobs, benefiting approximately 3.9 million consumer units across Brazil. According to the Brazilian Solar Photovoltaic Energy Association (ABSOLAR), since 2012, this modality has continued to grow, confirming its crucial role in the national energy matrix.

This progress in own solar generation is a clear indication of the potential of photovoltaic technology to transform the economy and the environment. The adoption of own solar generation systems has brought significant benefits, not only in financial terms but also in creating a sustainable and lasting infrastructure. With ongoing efforts in research and development, this growth trend is expected to remain strong in the coming years, bringing even more efficiency and accessibility to the energy sector.

The milestone of 31 gigawatts (GW) of power installed in residences, businesses, industries, rural properties, and public buildings in Brazil, according to mapping by the Brazilian Solar Photovoltaic Energy Association (ABSOLAR).

ARTICLE CONTINUES BELOW

Creation of Green Jobs and Public Coffers

According to a study conducted by the entity, the sector has been crucial in creating more than 931,000 green jobs accumulated since 2012, in addition to generating revenue for public coffers amounting to over R$ 44.7 billion. According to ABSOLAR’s report, more than 3.9 million consumer units are currently served by photovoltaic technology, with over 2.8 million systems installed on rooftops, facades, and small lots. Own solar generation is already present in 5,550 municipalities and all Brazilian states.

Popularization of Photovoltaic Technology

Ronaldo Koloszuk, Chairman of the Board of Directors of ABSOLAR, notes that the growth of own solar energy generation is a clear indication of the popularization of photovoltaic technology in the national territory. Market analysts have indicated that, only in 2023, the prices of solar panels have dropped by about 50% in the average final value, increasing attractiveness and accessibility for Brazilian consumers of various profiles. ‘Therefore, this is the best time to invest in solar systems for residences, businesses, and rural properties’, he comments.

Growth Potential of Technology Use

Moreover, there is immense potential for growth in the use of own solar generation, as Brazil has about 92.4 million electricity consumer units in the captive market. The CEO of ABSOLAR, Rodrigo Sauaia, states that the expansion of own solar generation strengthens Brazil’s position in the geopolitics of the global energy transition. ‘Photovoltaic technology also promotes sustainability, eases family budgets, and enhances the competitiveness of Brazilian productive sectors,’ he explains.

Multidimensional Benefits of Own Solar Generation

‘Own solar generation near consumption points reduces the need for transmission infrastructure, alleviates pressure on water resources, decreases electrical losses over long distances, and provides greater autonomy and choice to consumers. Additionally, it reduces emissions of pollutants and greenhouse gases, significantly contributing to environmental protection’, concludes Sauaia.

About ABSOLAR

Founded in 2013, the Brazilian Solar Photovoltaic Energy Association (ABSOLAR) is the entity that brings together all links in the value chain of photovoltaic solar energy and other clean technologies, such as electric energy storage and green hydrogen. With national and international members of all sizes, the entity positions itself as an essential source of information and advocacy for sustainable energy transition in Brazil.

Source: © ABSOLAR Press

1 Comment

most recent

older Most voted

Built-in feedback

View all comments

KSHWqSdC(@sampleemail-tst)

#35528

15/08/2024 11:24

Respond

Investments in Residential Solar Energy in Brazil Exceed R$ 150 Billion and Reach 31 GW, Reveals ABSOLAR.

Investments in Own Solar Generation Exceed R$ 150 Billion and 31GW Installed, with 931,000 Green Jobs and 3.9 Million Consumer Units Served in Brazil.

Creation of Green Jobs and Public Coffers

Popularization of Photovoltaic Technology

Growth Potential of Technology Use

Multidimensional Benefits of Own Solar Generation

About ABSOLAR

The Soviet Union spent 22 years drilling into the Earth’s crust and reached a depth of 12,262 meters — they found water where it was thought impossible, hydrogen bubbling from the rock, granite that is 2.7 billion years old, and temperatures of 180 degrees that melted the drill bits.

Egypt wants to draw 10 million cubic meters of water from the Nile per day into the desert, irrigate a new agricultural frontier, and build a city where there is currently only sand.

Norway is drilling 27 kilometers of rock 392 meters below the bottom of a fjord to build the world’s largest and deepest underwater road tunnel — when completed, a 21-hour journey will be reduced to 10.

A German architect built a cylindrical house in 1994 that rotates to follow the sun throughout the day, generates 5 times more energy than it consumes, and was the world’s first energy-positive house.

An astronaut spent 340 days in space while his twin brother stayed on Earth, and NASA found a “rejuvenating” effect, genes, microbiome, cognition, and immune system that revealed the biological cost of living outside the planet.

Chinese engineers begin filling a 217-meter dam at an altitude of 3,000 meters and prepare a 2,240 MW hydroelectric power plant to integrate hydropower, solar, and wind energy in the upper Jinsha.

After mapping more than 200 million proteins, artificial intelligence enters the race to accelerate drugs, vaccines, and enzymes against plastic and CO₂, opening an era in which molecules can be designed on demand.

Sleeping in the coldest city in Brazil seemed like just another camping challenge, until the rain intensified, the hail fell, the meal failed, and the cold turned the night into a test of endurance.

A particle smaller than a human hair accelerates with light and promises to transform ocean uranium extraction into a giant bet to power China’s nuclear reactors without relying solely on the old passive collection method.

Pirates chose this beach on the coast of São Paulo as a hideout centuries ago, and visitors today understand why when they see the greenish sea, the animal-shaped rocks, and the natural aquarium.

An impressive Russian road crosses 968 km between rivers, glaciers, and Altai mountains, following a Bronze Age route that connects Siberia to the border with Mongolia.

Investments in Residential Solar Energy in Brazil Exceed R$ 150 Billion and Reach 31 GW, Reveals ABSOLAR.

Investments in Own Solar Generation Exceed R$ 150 Billion and 31GW Installed, with 931,000 Green Jobs and 3.9 Million Consumer Units Served in Brazil.

Creation of Green Jobs and Public Coffers

Popularization of Photovoltaic Technology

Growth Potential of Technology Use

Multidimensional Benefits of Own Solar Generation

About ABSOLAR

The Soviet Union spent 22 years drilling into the Earth’s crust and reached a depth of 12,262 meters — they found water where it was thought impossible, hydrogen bubbling from the rock, granite that is 2.7 billion years old, and temperatures of 180 degrees that melted the drill bits.

Egypt wants to draw 10 million cubic meters of water from the Nile per day into the desert, irrigate a new agricultural frontier, and build a city where there is currently only sand.

Norway is drilling 27 kilometers of rock 392 meters below the bottom of a fjord to build the world’s largest and deepest underwater road tunnel — when completed, a 21-hour journey will be reduced to 10.

A German architect built a cylindrical house in 1994 that rotates to follow the sun throughout the day, generates 5 times more energy than it consumes, and was the world’s first energy-positive house.

An astronaut spent 340 days in space while his twin brother stayed on Earth, and NASA found a “rejuvenating” effect, genes, microbiome, cognition, and immune system that revealed the biological cost of living outside the planet.

Chinese engineers begin filling a 217-meter dam at an altitude of 3,000 meters and prepare a 2,240 MW hydroelectric power plant to integrate hydropower, solar, and wind energy in the upper Jinsha.

After mapping more than 200 million proteins, artificial intelligence enters the race to accelerate drugs, vaccines, and enzymes against plastic and CO₂, opening an era in which molecules can be designed on demand.

A particle smaller than a human hair accelerates with light and promises to transform ocean uranium extraction into a giant bet to power China’s nuclear reactors without relying solely on the old passive collection method.

The world’s most powerful telescope was switched on in Chile and may finally solve the mystery of the ninth planet that scientists believe has been hidden in the Solar System for billions of years.

Yet another streaming platform has declared war on password sharing in Brazil, and now millions of subscribers will have to choose between paying more or losing access for good.

The government wants to create a new tax in Brazil, and this time the target is minerals that leave the country without any processing, while other countries profit billions transforming Brazilian raw material.

After mapping more than 200 million proteins, artificial intelligence enters the race to accelerate drugs, vaccines, and enzymes against plastic and CO₂, opening an era in which molecules can be designed on demand.

Sleeping in the coldest city in Brazil seemed like just another camping challenge, until the rain intensified, the hail fell, the meal failed, and the cold turned the night into a test of endurance.

A particle smaller than a human hair accelerates with light and promises to transform ocean uranium extraction into a giant bet to power China’s nuclear reactors without relying solely on the old passive collection method.

Pirates chose this beach on the coast of São Paulo as a hideout centuries ago, and visitors today understand why when they see the greenish sea, the animal-shaped rocks, and the natural aquarium.

An impressive Russian road crosses 968 km between rivers, glaciers, and Altai mountains, following a Bronze Age route that connects Siberia to the border with Mongolia.