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Solar energy expands Brazilian agribusiness

Search for solar panels among rural producers helps the sector to obtain better results  

Celebrated this Wednesday (28), Farmer's Day has plenty of reasons to celebrate. The GDP (Gross Domestic Product) of Brazilian agribusiness grew again in 2020, which allowed many producers to continue investing in the use of solar energy to obtain better performance in their results.

According to data from ANEEL (National Electric Energy Agency), the rural sector already represents around 13,2% of Brazil's solar power, with more than 820 MW installed. This is almost twice as high as the same period last year, when the sector had just reached the 440 MW mark of photovoltaic power. In 2019, this figure was even lower: 133 MW.

The increase in demand for solar panels among rural producers makes sense when analyzing the demand for electricity in this sector. These are services such as electrification of fences, irrigation, heating and water pumping, machinery, lighting, in addition to routine activities involving domestic appliances, alarms, air conditioning and electronic gates.

In addition to meeting farm demand, solar energy also provides greater independence for rural producers, who are protected from fluctuations in energy rates, which occur both due to frequent increases in electricity bills and periods of water shortages. Reducing electricity bills contributes, for example, to increased productivity and efficiency, since producers can invest the energy savings in their own business.

Financing

Solar energy is increasingly receiving new lines of financing from banks and credit unions, with very attractive rates and differentiated payment terms. One example of this is the ABC Program (Program for Reducing Greenhouse Gas Emissions in Agriculture), from the Federal Government, which offers interest rates of 5,5% and 7% per year, in addition to a grace period of up to eight years and a payment term of up to 12 years.

In addition to federal programs, there are also partnerships with private companies in the sector. Photovoltaic equipment manufacturer Renovigi Energia Solar, for example, began providing conditions for purchasing photovoltaic systems through BB Seguros' Broto business platform this year.

The partnership offers credits to obtain systems for individuals and legal entities. Products include items such as on-grid and off-grid generators, single-phase and three-phase inverters, as well as roof and ground mounting structures.

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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