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Market & Investments

São Paulo, Pará and Bahia lead the search for solar energy financing

Mapping published by Meu Financiamento Solar takes into account numbers from the first quarter of 2024

São Paulo, Pará and Bahia lead the search for solar energy financing

Image: Criteria Solar Energy/Reproduction

Consumers in the states of São Paulo, Pará and Bahia are the ones lead the search for credit for implementing solar systems on roofs and small plots of land, points out a lifting the My Solar Financing, released this Wednesday (12). 

According to the mapping, the municipalities in São Paulo represent 14,4% of total requests of financing on the platform for the installation of photovoltaic panels in the first quarter of this year. Then the Pará and Bahia with 10,7% and 9,3%, respectively.  

São Paulo, including, is the state with the greatest protagonism in solar energy production in Brazil, being the one with the largest installed power in self-generation on rooftops, small businesses and land. 

Second recent data from ABSOLAR (Brazilian Photovoltaic Solar Energy Association), the region has more than 3,9 GW in operation in homes, businesses, industries, rural properties and public buildings.

O The state also has more than 412 thousand operational connections, spread across 645 municipalities, or 100% of São Paulo’s cities. Currently, there are more than 486 thousand consumers who already have a reduction in their electricity bill in São Paulo.   

Already Para has more than 106 thousand consumers supplied by their own solar generation, with more than 82 thousand operational connections of the photovoltaic source on roofs, facades and small plots of land, spread across 143 cities, or 99,3% of the 144 municipalities in Pará.

In the case of Bahia, the state has more than 1,2 GW of installed power in more than 145 thousand operational connections, spread across 417 cities, or 100% of the municipalities. Currently, there are more than 229 thousand consumers Bahians with the use of photovoltaic technology.

To carolina rice, director of Meu Financiamento Solar, Solar energy has proven to be an increasingly accessible source for all consumer profiles, with credit offers being a determining factor in the democratization of technology among Brazilian consumers.

“The exponential growth in the use of solar energy in homes, businesses and rural properties, especially in the last two years, is linked to increasingly simplified financing solutions, as well as the drop in the price of solar kits and high electricity tariffs. in Brazil”, said the executive.

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Henrique Hein
About the Author
Henrique Hein

He worked at Correio Popular and Rádio Trianon. He has experience in podcast production, radio programs, interviews and reporting. Has been following the solar sector since 2020.

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