R$ 50 Billion in Investments and Over 300,000 Jobs Will Be Created by the Solar Energy Sector, According to ABSOLAR's Forecast

R$ 50 Billion in Investments and Over 300,000 Jobs Will Be Created by the Solar Energy Sector, According to ABSOLAR’s Forecast

Written by Roberta Souza

Published on 14/12/2022 at 13:44

Foto: Reprodução pexels.com

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Generation of 300 Thousand Jobs and R$ 50 Billion in Investments in Solar Energy Is Expected by ABSOLAR for 2023

The Brazilian Solar Photovoltaic Association (ABSOLAR) projects significant and consistent growth in solar energy next year. According to the association, the solar photovoltaic source is expected to generate more than 300 thousand new jobs in 2023 in Brazil, which will cause investments generated by the sector to exceed R$50 billion. This information was announced at the National ABSOLAR Meeting, an annual congress of the Brazilian solar sector.

Why Do Projections for Solar Energy Indicate Such a Large Increase in Jobs and Investments?

Among the reasons for the anticipated growth of solar energy in 2023 are the increase in electricity bills and the benefits this energy source generates for all Brazilian consumers. According to the chairman of the board of directors of ABSOLAR, Ronaldo Koloszuk, photovoltaic technology has been increasingly utilized in the country, capable of extending to all consumption classes and creating a positive multiplier effect in society.

Innovations and Perspectives of Solar Energy

It is not only in terms of employability that solar energy is expected to shine. This year, we will have a total of 23 MW of total installed energy capacity, according to information from ABSOLAR. However, in 2023, 10 gigawatts (GW) of installed capacity will be added, potentially reaching over 34 GW. Thus, we can observe an increase of more than 52% over Brazil’s current solar capacity.

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By the end of 2013, the outlook is for solar energy to be responsible for the creation of 1 million jobs in Brazil, starting from 2012. These jobs are spread across all production links in the sector. Regarding accumulated investments, it is estimated that the amount will reach R$ 170.9 billion, with more than R$ 53.8 billion in public tax revenue.

R$ 50 Billion in Investments and Over 300,000 Jobs Will Be Created by the Solar Energy Sector, According to ABSOLAR’s Forecast

Generation of 300 Thousand Jobs and R$ 50 Billion in Investments in Solar Energy Is Expected by ABSOLAR for 2023

Why Do Projections for Solar Energy Indicate Such a Large Increase in Jobs and Investments?

Innovations and Perspectives of Solar Energy

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

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R$ 50 Billion in Investments and Over 300,000 Jobs Will Be Created by the Solar Energy Sector, According to ABSOLAR’s Forecast

Generation of 300 Thousand Jobs and R$ 50 Billion in Investments in Solar Energy Is Expected by ABSOLAR for 2023

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At over 8,800 meters above sea level, the summit of Mount Everest is made up of rocks that originated at the bottom of an ocean about 500 million years ago and were pushed to the highest point on Earth by the collision of tectonic plates.

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