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Solar Energy Sector Grows, and Expectations Are for Major Investments in 2021

Written by Roberta Souza
Published on 08/02/2021 at 17:06
Energia solar, investimentos
Energia solar
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In 2020, the Solar Energy Sector Attracted More Than R$ 13 Billion in Investments. For 2021, Sector Should Surpass

According to data from Absolar – Brazilian Association of Photovoltaic Solar Energy, Brazil reaches a new record in the photovoltaic solar energy sector. Investments in the area exceed 13 billion reais. This year, entrepreneurs and companies in the segment project that industries from various sectors will continue investing.

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Investments by Companies in the Segment:

Aldo Solar, an equipment distributor, earned more than 1.6 billion reais last year and now estimates that private investment in 13,000 concessions throughout Brazil will exceed 4.5 billion reais.

Aldo Pereira Teixeira, founder and president of the company, says, “Our goal is to grow 100%. We expect to provide over 1GW of power, with more than 100,000 solar power generators sold throughout Brazil.”

Tecnova Renováveis has also committed to contributing to the sector in 2021. The company announced that it will invest more than 100 million reais in generation, transmission, and distribution energy projects across Brazil. With the signed project, the company will expand its installed capacity fivefold by the end of December, from 10 MW to 50 MW.

Energy Generation Capacity of Brazil:

In terms of clean and renewable energy generation capacity, Brazil currently has 7.5 gigawatts (GW) of photovoltaic solar energy to generate electricity, incorporating large factories and small to medium systems installed on rooftops, external walls, and land (distributed generation), which accounts for more than half of the installed capacity of the Itaipu Hydroelectric Plant, the largest in Brazil and the second largest in the world.

Roberta Souza

Author for the Click Petróleo e Gás portal since 2019, responsible for publishing over 8,000 articles that have garnered millions of views, combining technical expertise, clarity, and engagement to inform and connect readers. A Petroleum Engineer with a postgraduate degree in Industrial Unit Commissioning, I also bring practical experience and background in the agribusiness sector, which broadens my perspective and versatility in producing specialized content. I develop content topics, disseminate job opportunities, and create advertising materials tailored for the industry audience. For content suggestions, job vacancy promotion, or advertising proposals, please contact via email: santizatagpc@gmail.com. We do not accept resumes

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