Solar energy becomes the third largest source in Brazil

Solar energy reached 16.4 (GW) of installed capacity and became the third largest source of the Brazilian electricity matrix, according to a survey by the Brazilian Association of Photovoltaic Solar Energy (ABSOLAR).

Now, the installed power of solar energy in the country is only behind hydro and wind power, consolidating the Brazilian electricity matrix as clean and renewable. In Brazil, the capacity to generate renewable energy corresponds to 84%, higher than the world average of 38%.

Also, according to ABSOLAR, 70% of the solar energy produced here comes from small systems installed on the roofs of homes, businesses and rural properties.

With the New Legal Framework for Solar Energy, those who join photovoltaic generation in 2022 will not pay taxes until 2045. BNDES, our national development bank, is also financing national manufacturers of solar energy equipment.