A solar energy added about 4,9 GW of installed power in Brazil in first quarter of the year, including own generation plants and centralized generation enterprises.
Such volume caused the country to stop emitting 3,3 million tons of carbon dioxide in the atmosphere – a average of 673,4 thousand tons per GW installed in the first four months of 2023.
The data was collected by the report of the Canal Solar, based on analyzes made from information present in the public and monthly reports of the ABSOLAR (Brazilian Photovoltaic Solar Energy Association).
Since 2012, more than 36,7 million tons of CO2 have stopped being emitted from the source in Brazil. Recently, the country was considered the eighth world power in solar energy production, ahead of world powers such as Spain, Great Britain and France.
“The growth of the solar source strengthens sustainability and can further accelerate the attraction of investments, the generation of jobs and income, the diversification of the electricity matrix and Brazil's international leadership”, commented Rodrigo Sauaia, CEO of ABSOLAR.
Other benefits
According to ABSOLAR, since 2012 the solar source has already brought to Brazil around BRL 143,9 billion in new investments, but of R$ 42,8 billion in revenue for public coffers and generated more than 870 thousand jobs accumulated.
Of this amount,only between the months of January and April this year, were accounted for by the source BRL 18,8 billion in new investments, but of 4,5 billion in revenue for public coffers and generated 148,8 thousand new jobs.
Currently, Brazil has more than 29,3 GW of operational capacity in solar energy, with 20,74 GW coming from distributed generation systems and another 8,62 GW from centralized plants. This is a volume almost twice as large as compared to the same period in 2022, when there were 15 GW in the country.
green hydrogen
Also according to ABSOLAR, growth of solar energy also opens up the possibility for Brazil to produce the cheapest green hydrogen in the world and develop new synergistic technologies, such as energy storage and electric vehicles.
According to Ronaldo Koloszuk, Chairman of the Board of Directors of ABSOLAR, there is a high probability that the Brazil will have its entire electrical matrix dedicated to the production of green hydrogen by 2040.
“To this end, the country should receive around US$200 billion in investments over the period, such as electricity generation, transmission lines, fuel manufacturing units and associated structures, including port terminals, pipelines, storage,” said the executive.
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