Brazil Added 6.8 Gw Of New Pv In H1, Highlighting The Country's Dedication To Boosting Its Renewable Energy Capacity.
In the first six months of 2021, Brazil installed 2.3 GW of large-scale solar and an impressive 4.5 GW of distributed-generation PV. This brings the country's cumulative installed PV capacity to 32 GW, representing about 14.7% of Brazil's overall installed capacity of 194.38 GW.
This tremendous growth in PV capacity reflects the country's commitment to transitioning to a more sustainable and cleaner energy mix. It is estimated that renewable energy sources will account for more than two-thirds of Brazil's power supply by 2030. Brazil has also shown significant progress in diversifying its electricity grid, with an increasing focus on wind and solar power.
The growth in the distributed-generation PV market is particularly noteworthy. Brazil's dispersed population means that grid access is limited in many areas, making stand-alone home and business power systems more practical and cost-effective. According to the Brazilian Association of Distributed Generation (ABGD), the number of distributed-generation connections in Brazil tripled to 270,000 between 2019 and 2020. This growth created more than 400,000 jobs and generated around BRL 21 billion ($4.1 million) in revenue.
As Brazil continues to expand its PV capacity, it will also see significant reductions in carbon emissions. The country's energy sector is responsible for 73% of its greenhouse gas emissions, making the transition to renewable energy an important step towards achieving its climate goals.
Moreover, this transition to renewable energy is expected to bring economic benefits to the country too. A report by the International Renewable Energy Agency estimates that Brazil could create over 900,000 new jobs in the renewable energy sector by 2030.
In conclusion, Brazil's addition of 6.8 GW of new PV in H1 is impressive and a testament to the country's commitment to sustainable energy. The impressive growth in the distributed-generation PV market indicates that Brazil is taking a comprehensive and inclusive approach to energy transition, benefiting both the environment and the economy. As the country continues on this path, it is set to further strengthen its position as a leader in renewable energy.