Brazil tops 13GW of installed PV capacity

The country installed around 3GW of new PV systems in the fourth quarter of 2021 alone. Around 8.4GW of the current PV capacity is represented by solar installations not exceeding 5MW in size, and operating under net metering.

From pv magazine Brazil

Brazil has just surpassed the historic mark of 13GW of installed PV capacity.

At the end of August, the country’s installed solar power generation capacity stood at 10GW, which means that over 3GW of new PV systems were grid-connected in the last three months alone.

According to the Brazilian solar energy association, Absolar, the solar power source has already brought to Brazil more than BRL66.3 billion ($11.6 billion) in new investments and generated almost 390,000 jobs, accumulated since 2012.

The CEO of Absolar, Rodrigo Sauaia, said the PV power source is helping the country diversify its electricity supply, reduce pressure on water resources, and reduce the risk of further increases in electricity bills. “Large solar plants generate electricity at prices up to ten times lower than fossil thermoelectric plants or electricity imported from neighboring countries today,” he stated. “Thanks to the versatility and flexibility of solar technology, it only takes one day of installation to transform a home or business into a small plant that generates clean, renewable and affordable electricity. For a large scale solar plant[s], however, it takes less than 18 months from the issuance of the first approvals to the start of electricity generation. Thus, solar is recognized as champion in the speed of new-generation plants,” added Sauaia.

Brazil has 4.6GW of installed power capacity in large scale solar plants, equivalent to 2.4% of the country’s electricity matrix. Since 2012, large solar power plants have brought to Brazil more than BRL23.9 billion in new investments and more than 138,000 jobs. Currently, large scale solar power plants are the sixth-largest source of generation in Brazil, with projects in operation in nine Brazilian states in the northeast (Bahia, Ceará, Paraíba, Pernambuco, Piauí and Rio Grande do Norte), southeast (Minas Gerais and São Paulo) and midwest (Tocantins).

In the distributed generation segment – which in Brazil includes all PV systems not exceeding 5MW in size, and operating under net metering – there is 8.4GW of installed capacity from the solar power source. This equates to more than BRL42.4 billion in investments and more than 251,000 jobs since 2012.

When adding the installed capacities of large plants and the generation of solar energy itself, the solar power source now occupies fifth place in the Brazilian electricity mix. The solar power source has already surpassed the installed power of thermoelectric plants powered by oil and other fossil fuels, which represent 9.1GW of the Brazilian mix.

For the chairman of the board of directors of Absolar, Ronaldo Koloszuk, in addition to being competitive and affordable, solar energy is quick to install and helps reduce electricity costs by up to 90%. “Competitive and clean electricity is essential for the country to recover its economy and be able to grow. The solar [power] source is part of this solution and a real engine for generating opportunities and new jobs,” concluded Koloszuk.

This post appeared first on PV Magazine.

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