One of the fastest growing renewable energy sources in Brazil, solar energy exceeds 7 GW of installed power, according to Absolar

The Brazilian Association of Solar Energy - Absolar, showed that the installed capacity of photovoltaic solar energy exceeds 7 gigawatts, a value driven mainly by the generation of distributed energy in homes, companies, rural areas and industries. Of the total renewable source in Brazil, 76% is represented by the trade and services sectors.

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The sector still has 13,2% coming from rural consumers, followed by industries with 8,9%, public authorities with 1,2% and finally public lighting, with 0,02%. In terms of the number of installed systems, residential users rank first in distributed energy generation, accounting for 72,8% of the total.

The solar energy sector has been growing every year in Brazil, with projects in the auctions, the sector has an investment since 2012 of R$ 35 billion.

Absolar in a note says that “In 2019, the source was the most competitive among renewable sources in the two New Energy Auctions, A-4 and A-6, with average prices below US$ 21,00/MWh”.

The segment is the seventh largest source of energy in the country, being present in the Northeast, Southeast and Midwest regions, in the states of Bahia, Ceará, Paraíba, Pernambuco, Piauí, Rio Grande do Norte, Minas Gerais, São Paulo and Tocantins .

Rodrigo Sauaia, president of Absolar, said in a statement that “Photovoltaic solar energy reduces the cost of electricity for the population, increases the competitiveness of companies and relieves the government budget, benefiting small, medium and large consumers in the country”.

Solar energy:

Solar energy is electromagnetic energy whose source is the sun. It can be transformed into thermal or electrical energy and applied in various uses. The two main forms of harnessing solar energy are electricity generation and solar water heating.

Heliothermal collectors are equipment that capture solar radiation and convert it into heat, transferring this heat to a fluid (air, water, or oil, in general). The collectors have a reflecting surface, which directs the radiation directly to a focus, where a receiver is located. Once having absorbed the heat, the fluid flows through the receiver.