Brazil exceeds the mark of 7 GW in installed power of solar energy

According to the Brazilian Photovoltaic Solar Energy Association (ABSOLAR), photovoltaic solar energy exceeded 7 gigawatts (GW) of installed power, driven by the distributed generation in households, businesses, rural area, industry, among others, which reached 4 GW this month.

ABSOLAR informed that residential consumers and the trade and services sector account for 76% of total photovoltaic solar distributed generation enterprises, followed by rural consumers (13.2%), industries (8.9%), public authorities (1.2%) and other types, such as public services (0.1%) and public lighting (0.02%).

With respect to the number of installed systems, residential consumers are at
the top of the list in distributed generation, representing 72.8% of the total.

In combination with the 3 MW installed capacity of the winning projects of
the government’s energy auctions (centralized generation), the segment has
accumulated investments of R$ 35 billion since 2012.

“In 2019, the source was the most competitive among renewable sources in
both New Energy Auctions, A-4 and A-6, with average prices below US$
21/MWh,” recalled ABSOLAR.

Currently, the large solar power plants are the seventh largest generation
source in Brazil, with operations in nine Brazilian states, in the Northeast
(Bahia, Ceará, Paraíba, Pernambuco, Piauí and Rio Grande do Norte),
Southeast (Minas Gerais and Sao Paulo) and Center-West (Tocantins) regions.

“Photovoltaic solar energy reduces the cost of electric energy for the
population, increases the competitiveness of companies and relieves the
government budget, benefiting small, medium and large consumers in the
country,” said ABSOLAR President, Rodrigo Sauaia.

Source: ABSOLAR