Investments in the solar energy sector exceed R$6 billion in Brazil

The use of photovoltaic technology on roofs and land can reduce energy costs for companies by up to 95% and increase the capacity for investment in the business and the generation of new jobs. The study was carried out by ABSOLAR (Brazilian Photovoltaic Solar Energy Association).

According to the association, implementing a solar system is a great alternative in times of falling economic activity. The mapping shows that investments made by companies total R$6,1 billion in the country since 2012.

The company Refeições Ao Ponto, located in Santa Cruz do Sul (RS), for example, invested in a photovoltaic solar energy system at the beginning of this year and, as a result, reduced the cost of electricity by approximately 40%.

The investment was around R$500. According to Mara Schwengber, regional coordinator of ABSOLAR in Rio Grande do Sul and executive at Solled, the company that developed the project, the deadline for return on investment is three and a half years.

“Investment in solar energy equipment is a way to save money, which also makes it possible to invest in other sectors of the business, in addition to allowing energy autonomy for operations. Another point is the environmental responsibility initiatives, which go far beyond market strategy, but which are increasingly spreading in search of quality of life for the next generations”, explained Mara.

For Ronaldo Koloszuk, Chairman of the Board of Directors of ABSOLAR, the ease of financing contributes to this number. “There are more than 70 lines of financing in the country that allow the acquisition of photovoltaic technology with almost no investment, in addition to having rates of 0,8% per month, which makes installation viable”, highlights Koloszuk.

As economic activity tends to return slowly, a well-planned contribution now could help companies organize themselves in the medium and long term, when consumption is expected to grow again and so is the demand for energy.

The president of the ABSOLAR He also points out that photovoltaic systems are currently one of the best investments for companies and citizens, as they provide returns that are much higher than those offered by the financial market itself. “As real interest rates in Brazil are lower, consumers have been seeking investment alternatives with faster returns, such as solar energy,” he says. 

Already the CEO of ABSOLAR, Rodrigo Sauaia, highlighted the privileged conditions in Brazilian territory. “Photovoltaic solar energy reduces the cost of electricity for the population, increases the competitiveness of companies and relieves the public budget, benefiting small, medium and large consumers in the country”, stated Sauaia.