In the last eight years, investment in solar energy has exceeded $ 6.8 billion, but now it only generates 1.6% of the country’s annual energy mix.
Brazil has now passed the 7 gigawatts (GW) mark of total installed renewables, and has set the ambition that 45% of its energy needs will be generated in a similar way by 2050.
Compared to other high-population nations in other parts of the world, Brazil is lagging behind in renewable energy installations, but the nation has just passed the 3 GW mark in large-scale solar installation, and is also reports it has an additional 4 GW of remote solar power. – solar generation instead.
In the last eight years, investment in solar energy, the main form of renewable energy authorities in Brasilia, has exceeded $ 6.8 billion, but now it only generates 1.6% of the country’s annual energy mix.
On the bright side, solar-generated electricity is now considered the most competitive form of renewable energy nationwide, with prices as low as $ 21 per megawatt hour.
In remote generation solar power production, residential installations continue to lead the way with nearly three-quarters of all PV currently installed in or near residential homes.
For the government of Jair Bolsonaro and his successors to approach a total of 45% of the energy supplied, mainly by solar installations within three decades, this will need to be balanced by the industry in the very near future.
With this in mind, the Brazilian Ministry of Mines and Energy, together with the state agency Empresa de Pesquisa Energetica (EPE), have drawn up a National Energy Plan (PNE) to take Brazil until 2050.
“We need to improve electricity pricing models, as well as the planning and operation of the electricity system, so that it represents the characteristics and uncertainties inherent to each primary source,” said a spokesman for the Brazilian Ministry of Energy, which addressed the concerns of feasibility as the largest country. on the continent it takes its first hesitant steps in large-scale renewable energy policy.