Home Business In 2 years, solar panels in Brazil grow from 7,000 to 49 thousand

In 2 years, solar panels in Brazil grow from 7,000 to 49 thousand

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There are 80 million Brazilians supplied by the wind. Ipea‘s study says the country is meeting the UN goal of investing more in clean and renewable sources by 2033

Solar energy in Brazil has advanced more than tenfold in two years. According to the Institute of Applied Economic Research, linked to the Ministry of Economy, the country is meeting the UN goal of investing more in clean and renewable sources by 2030.

Giant wind towers multiplied rapidly across Brazilian territory. There are already more than seven thousand scattered around. Together, they produce more energy than the Itaipu hydroelectric plant. Today, 80 million Brazilians are supplied by the wind.

The good winds of wind power are only comparable to what is already happening with solar. In just two years, the number of solar panel installations jumped from just over seven thousand (7,400) to 49,000 units across Brazil. An increase of more than 560%.

The high cost of electricity in Brazil and the increasingly competitive prices of solar equipment explain the multiplicity of such projects across the country: the largest solar roof in Rio de Janeiro, which is being installed in the largest North zone of the city. And the only reason this investment is happening is the gigantic economy in the light bill. More than 5,000 photovoltaic panels spread over an area larger than the Maracana field. The energy produced would give to supply a thousand residences.

Even with the costs of installing and maintaining the system, the savings in the light bill will exceed R $4 million over the next 15 years.

“Our energy is already cheaper than the utility. So, the idea is increasingly lower for Cadeg to be an attractionso that outside traders want to put their business here. With cheaper energy and the sustainability footprint, which is fundamental,” said Marcelo Penna, president of the Rio de Janeiro Municipal Market, Cadeg.

“We have technology in our favor. Every day, they invent more efficient systems, better inverters, with less energy losses. So it’s a no-go way,” said Guilherme Richter of Gerasul Energia Inteligente.

The unpublished study by the Institute for Applied Economic Research (Ipea) reveals that Brazil is fulfilling its commitment to invest in clean and renewable sources of energy, one of the goals of sustainable development defined by the UN until 2030.

“In terms of the Brazilian energy matrix, the share of renewable sources, all renewable sourcesis 43%. And, compared to the world, it is only 18%. So, Brazil is quietly fulfilling this goal of using enough renewable energy in its energy matrix,” said Jose Mauro de Morais, a specialist at Ipea.