1. Home
  2. / Renewable Energy
  3. / The Solar Energy Boom: R$ 10 Billion in Investments Expected by 2025 for Contracts in Brazil
Reading time 2 min of reading Comments 0 comments

The Solar Energy Boom: R$ 10 Billion in Investments Expected by 2025 for Contracts in Brazil

Written by Paulo Nogueira
Published on 09/12/2023 at 02:11
Energia fotovoltaica, Painéis solares, Energia renovável, Energia por assinatura, Energia solar fotovoltaica, GD compartilhada, Geração Distribuída (GD), Greener
Fazenda solar da LUZ em Brasília, DF (Foto: Divulgação) – Todos os direitos: EPBR
Be the first to react!
React to this article

Solar Energy | Greener Shows 4.2GW of Photovoltaic Plants in Operation and Construction for Remote, Renewable, and Shared Distributed Generation.

The remote distributed generation of Solar Energy is on the rise in Brazil, as highlighted by a survey from the consultancy Greener. Currently, the country has accumulated 4.2 GW of operational and under-construction plants, representing a significant advance compared to the 2.3 GW recorded in 2022.

With the forecast to exceed 3 GW in annual installations by 2025, the Solar Energy market is expected to generate more than R$ 10 billion in investments over the next two years. This growth reflects the increasing demand for Renewable Energy in the country, boosting the Solar Panels and Photovoltaic Energy sector.

Solar Energy Sets Generation Record; See Ranking of Plants

The model for contracting photovoltaic energy, where the consumer does not need to install solar panels but receives a discount for using renewable energy on their bill, is on the rise among retail, which is the main contracting segment, accounting for 43%, with highlights for pharmacies and supermarkets.

Meanwhile, the service sector, which includes banks, traders, and managers of remote distributed generation, accounts for 35%, also serving as channels for consumer service.

Residential contracting is also gaining customers among individuals. Today, this group – typically contracting renewable energy – represents 16% of the total, up from 7% in 2022.

‘This factor indicates a trend of increasing participation of this profile in shared generation‘, notes the report (.pdf).

The consultancy assesses that shared generation can remain viable depending on the new rules that will be defined after 2029/2031.

‘Reduction in solar panel prices, a drop in interest rates, and taxation are factors that can contribute to greater attractiveness of the business model’, it points out.

Decline in Solar Panel Prices Excites Distributed Generation Market

Although the market is indicating growth, Greener points out that the viability and implementation of new projects face challenges such as grid connection and raising funds for investment.

‘The acceleration in the volume of enterprises is hindered by experienced builders already operating at maximum capacity of works being executed in parallel, leading to the contracting of contractors also being cited as a significant obstacle’, it adds.

Source: EPBR

Sign up
Notify of
guest
0 Comments
most recent
older Most voted
Built-in feedback
View all comments
Paulo Nogueira

Graduated in Electrical Engineering from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), he worked for several years in the offshore oil and gas, energy, and construction sectors. Today, with over 8,000 publications in online magazines and blogs on the energy sector, the focus is to provide real-time information on the Brazilian job market, macro and microeconomics, and entrepreneurship. For questions, suggestions, and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes at this contact.

Share in apps
0
I'd love to hear your opinion, please comment.x