Homes with solar panels in Brazil are up 2000%

Brazil’s stake on solar power has been largely driven by rising electricity prices, and Brazilians are looking for new ways to save their wallet.

Brazil and solar energy

Savings expectations are forcing Brazilians to rely on solar energy

Savings from solar energy are driving up the consumption of solar panels, with rising electricity prices ultimately affecting the installation of new photovoltaic panels in homes by about 2,000%.

The number of solar homes in Brazil has grown exponentially

If only because Brazil is one of the countries with the greatest potential for solar energy production, which is why many Brazilians are betting on solar energy installations.

Values ​​presented by Paulo Cesar Dominguez, Secretary for Energy Planning and Development of the Ministry of Mines and Energy (MME).

In an interview with Brazil on the agenda (TV Brasil) noted that the country has one of the highest renewable energy matrices in the world: 48% are from renewable sources, while the world average is at 14%.

This number tends to increase when thinking only of electricity, where 85% of the Brazilian electricity matrix comes from renewable sources. While in the world this percentage corresponds to only 20% of the total. Of these 85% of renewable energy comes from hydroelectric dams, on which Brazil is highly dependent.

Solar Power Growth in Brazil

But the demand for solar energy in Brazil has led the country to reach 10 GW of installed capacity, which is equivalent to about 70% of the installed capacity in Itaipu (which corresponds to a bi-national hydropower plant on the Parana River, which is located on the border between Brazil and Paraguay. second largest in the world).

This is an impressive figure, but not as big as the installation of solar panels in homes in Brazil, where centralized solar power has grown by 200% over the past 3 years, but in line with distributed solar power in Brazil (photovoltaic panels on rooftops). , an increase of 2000%!

Another renewable energy source that is growing in Brazil is the use of wind power, and more than 700 wind farms have already been installed across the country, representing 11% of the energy matrix.

The largest producer of wind power is Rio Grande do Norte, and in September it signed a new protocol with EV Brasil to install a new project focused on wind energy storage.