Is solar a viable source of electricity in Brazil?

Solar is now Brazil’s second-largest source of electricity. Experts say its growth must also reach and respect communities cut off from the grid Student Brenda Rodrigues da Silva works on the installation of solar panels at Fábrica Social, a professional training centre in Brasília, Brazil.

Does Brazil need a competitive and fair industrial policy for solar PV?

Source: ONS/MME, 2022. of the electricity supplied in Brazil was generated from solar PV energy in January 2022. Source: BNDES, 2022. Brazil needs a competitive and fair industrial policy for the solar PV sector, reducing the prices of components and equipments made in the country and creating more jobs, technology and innovation.

How is solar energy advancing in Brazil?

The advancement of solar energy in Brazil is driven by various public policies and government incentives. Among the main measures are: Tax Exemptions: Some states offer exemptions from the Tax on the Circulation of Goods and Services (ICMS) for energy generated by photovoltaic solar systems.

Are wind and solar power reshaping Brazil's energy mix?

Wind and solar power are also reshaping the country’s energy mix. In 2024, they generated 24% of Brazil’s electricity, more than double their share from five years earlier. Solar power grew from just over 1% of generation in 2019 to 9.6% in 2024, while wind climbed from 8.8% to 15% over the same period.

Is Brazil a good producer of solar energy?

Just three years ago, Brazil did not feature among the world’s top producers of solar energy, but by 2023 it had risen to sixth place in the rankings. The pace of growth has been notable: since 2022, the country has added, on average, roughly one gigawatt of solar capacity every month.

What is the source of electricity in Brazil?

Source: CCEE/ABSOLAR, 2022. Source: ONS/MME, 2022. of the electricity supplied in Brazil was generated from solar PV energy in January 2022. Source: BNDES, 2022.