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Market & Investments

Solar energy reaches 53 GW of installed capacity in Brazil

Photovoltaic sector attracts more than R$241 billion in new investments to the country since the beginning of its expansion, says ABSOLAR

Solar energy reaches 53 GW of installed capacity in Brazil

Photo: Voltalia/Website/Reproduction

Less than a month after registering the best annual performance in history, the solar energy sector has reached another milestone in the Brazilian market: 53 GW of installed capacity, according to data released by ABSOLAR (Brazilian Photovoltaic Solar Energy Association).

The mapping considers the sum of the installed micro and mini distributed generation systems (with 35,5 GW) and large solar plants (with 17,5 GW). The result represents a growth of more than 40% in relation to the 37,2 GW that existed in the country in the same period last year.

Since the beginning of its expansion, the photovoltaic source has already been responsible for attracting more than R$241 billion in new investments in Brazil. In addition, it has generated more than 1,5 million new green jobs, contributed more than R$74,7 billion in revenue to the public coffers and helped reduce more than 64,2 million tons of CO2.

A ABSOLAR assesses that the advancement of solar energy is a reflection of the high potential of the source in Brazil. However, it warns that the sector has been facing a series of challenges in a short space of time.

Ronaldo Koloszuk, Chairman of the Board of Directors of ABSOLAR, states that the year 2024, in particular, was one of great difficulties for the sector, with distributors refusing to connect new solar systems due to allegations of power flow inversion in the case of distributed generation.

“In the case of centralized generation, the sector was the target of power generation cuts (curtailment or constrained-off) by the ONS (National Electric System Operator), which severely damaged generators’ revenue, made it difficult to fulfill contracts and compromised investments in new solar projects,” he said.

Furthermore, the executive highlights that for both segments, the recent increase in import tax on solar panels was met with concern and discontent, as it “works against the growth of technology in Brazil,” he said.

Rodrigo Sauaia, CEO of ABSOLAR, points out that many of these obstacles faced remain present in the short and medium term horizon of entrepreneurs in the sector – which will require more intense action from associations and entities in the sector, with “coordination actions with distributors, ANEEL (National Electric Energy Agency), to the bodies of the electric sector, to the National Congress and to the Federal Government”, he stated.

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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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  • Marcelo

    Congratulations on the report. We are experiencing a huge energy transition in Brazil and around the world. Many people still do not understand the damage that pollution is causing to the environment.
    Finding renewable sources is extremely important for the environment. I work with distributed generation projects for solar energy credits. From 8% to 20%, which can reach up to 90% in savings for our residential and business clients. I am looking for partners to expand the project. Interested parties should call Watts directly at 51984863327.

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