Brazil Set to Embrace Solar PV


Think of Brazil,  Beaches, Football, Food and SUN!   Well now the South American giant is set to make Solar PV energy a viable and sustainable energy source to provide power to the country.   As the worlds eyes shift to Brazil ahead of the 2016 Summer Olympics, Brazil are expanding their use of renewable energy across the country.

Currently wind power has proved the most popular across Brazil, but in the countries national energy auctions held at regular intervals the potentials of Solar PV are being unlocked as peak prices come into an accessible range.

The big players in the Brazilian electricity have stated that solar is now into a reasonable price cap for the national energy auctions. Andre Pepetone, the head of Brazil’s energy regulation board, the Agência Nacional de Energia Elétrica (ANEEL) stated that he believes installers could install up to a Giga Watt of combined solar capacity per year and have projects completed with 12 months of the initial start of installation.

Consider this summer, the world cup comes to Brazil and a good portion of the worlds attention follows. This year will be the first year a renewable energy company will be involved with sponsoring the world cup. Chinese solar module company Yingli join Sony, MacDonald’s et al as a major sponsor of this years tournament. This step marks a huge move forward for Solar as an industry, by rubbing shoulders with the juggernauts Yingli can push not only their brand but solar  as a whole into the forefront of public consciousness

The sun shines brightly on the future of Solar PV in Brazil as technology surges forward and the costs of panels and inverter technology drops as the unit become more prevalent across the globe.  These drops will push solar PV into a more competitive pricing bracket in the Brazilian energy auctions making it more viable across the country. These changes in the market aren’t just limited to Brazil, across the globe the costs of installing Solar PV are lowering making it more viable than ever before, particularly in countries like the UK where schemes like the Feed in Tariff can give direct payments to companies and individuals who invest in solar PV for producing and using green energy.

This entry was posted on Tuesday, April 1st, 2014 at 11:42 am and is filed under Solar PV. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.