Brazil’s solar energy sector has surpassed the 43 GW mark, fueling significant economic growth

According to the Brazilian Photovoltaic Energy Association (Absolar), Brazil’s solar energy sector has reached a new milestone, exceeding 43 GW of installed capacity. This includes 29.2 GW from distributed generation systems up to 5 MW and 13.8 GW from centralized generation. The photovoltaic sector has attracted over 202 billion reais in new investments and generated over 1.3 million green jobs across the country.

Between January and May this year alone, Brazil added 6 GW to its national solar power matrix, including large-scale solar plants and self-generation systems on rooftops, facades and on the ground.

Solar energy currently accounts for 18.2% of Brazil’s installed electricity capacity. Absolar’s calculations show that the photovoltaic sector has prevented 52 million tons of CO2 emissions since its inception. Additionally, since 2012, the sector has contributed over 62 billion reais in revenue to the public purse.

Distributed generation in Brazil boasts 29.2 GW of installed solar energy, of which 24 GW comes from micro-generation systems with a capacity of up to 75 kW. This segment represents approximately 143.4 billion reais in investment, 43 billion reais in income and over 876,000 green jobs since 2012 in all five regions of Brazil. The distributed generation market is dominated by solar technology, used in 99.9% of all connections.

In the centralized generation segment, large solar power plants generate over 13.8 GW of power, with cumulative investments of almost 58.9 billion reais, and over 414,000 green jobs have been created since 2012.

Ronaldo Koloszuk, President of the Management Board of Absolar, commented on the development of the sector: “The exponential development of solar energy reflects the popularization and high attractiveness of photovoltaic technology in Brazil, both for consumers in their homes, companies and rural properties, as well as when it comes to the expansion of the National Interconnected Grid System with bigger bets.”

Rodrigo Sauaia, Executive Director of Absolar, highlighted the sector’s impact: “The importance of photovoltaic technology in Brazil’s energy transition contributes significantly to social, economic and environmental development. In addition to accelerating the decarbonization of economic activity and helping fight global warming, solar energy is playing an increasingly strategic role in increasing the competitiveness of manufacturing sectors, reducing family budgets, ensuring energy independence and supporting national prosperity.

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