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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.
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Seagri’s headquarters invests in solar energy with Neoenergia Coelba and promises to cut electricity costs, highlighting a strategic advance in sustainability and energy efficiency within state public administration.
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A Canadian retiree creates a hydroelectric system on a real river, generating energy continuously throughout the day and demonstrating how the power of water can supply a house with stability even in a simple structure.
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Solar Pyramid draws attention by converting solar energy into million-dollar savings and repositioning the City Hall of Curitiba as an example of innovation, sustainability, and intelligent use of public resources.
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
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