Economy

Photovoltaic Solar Power Grows Nearly 50% in Brazil

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Installation of solar panels increased by 50% in the first half of 2021

Brazil has seen significant growth in demand for solar panels, with the states of Minas Gerais, São Paulo and Rio Grande do Sul topping the list with the highest installed capacity for solar production.

The rise of photovoltaic solar energy

Demand for solar panels is driven by rising electricity prices, which is why many are looking for clean and cheap energy, with solar panel installations growing by almost 50% during the first half of the year.

Many of the Brazilians saw their electricity bills go down after installing photovoltaic solar panels on their rooftops … so families who paid around R $ 500 (€ 80) now pay R $ 82 (€ 13).

Of these 50% of new installations, about 80% are for residential customers. Thus, in the period from January to June 2021, about 1.5 million kilowatts were installed, which made it possible to supply electricity to more than 180,000 objects per month!

Jonas Becker there AbsolarCeara confirms this: “Within the company, electricity is in third place in terms of value. Inside the residence too. Thus, having our own energy production is the main incentive to reduce costs. ”

Brazilian states with large investments in solar panels

Global map of solar radiation in Brazil

The Brazilian states with the largest family investments were the states of Minas Gerais, Sao Paulo and Rio Grande Sul, while Ceara leads the northeastern region.

And this was reflected in the sales of companies from Renewable energy… For example, a company in Fortaleza that sold about 500 solar panels a month last year now sells about 2,000 solar panels a month.

“We expect this market to continue to grow as blatantly as it has over the next five or ten years. The installed capacity, even in relation to the entire energy matrix, is still very small.

Thus, 75% of the market today are not large companies, not large industries, these are household systems, ”said merchant Mario Viana.

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