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Solar's share of the Brazilian matrix will grow 120% by 2031

According to Bento Albuquerque, the photovoltaic source should account for 17% of the matrix at the beginning of the new decade

The former Minister of Mines and Energy, Bento Albuquerque, stated that photovoltaic solar energy should be responsible for around 17% of the electrical matrix in Brazil by the end of 2031.

This is an expansion of 120% in nine years, as solar currently accounts for 7,7% of all electricity generated in the country, according to Albuquerque.

“Last year, distributed generation in Brazil was the fourth in growth in the world, surpassed only by countries like the United States, China and India. I think we are very well positioned,” said the former minister, at a seminar promoted by ANEEL (National Electric Energy Agency).

During the event, the executive also confirmed that another concession auction for the construction of energy transmission lines and facilities should take place in June.

According to him, 13 lots will be auctioned in 13 states, with a forecast of R$15,3 billion in investments and the installation of 4,5 kilometers of transmission lines.

This is not the first time that the former minister has spoken of optimistic forecasts for the solar energy sector.

In October last year, for example, Albuquerque commented, during the opening of Proenergia 2021, who believed that the country could reach 13% of its energy matrix provided by solar energy by the end of the decade. 

On the occasion, he also said that the country would invest resources in renewable sources over the next few years to reduce national dependence on hydroelectric plants in the matrix from 61% to 49% by 2030.

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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