From pv journal Brazil

Brazil exceeds 25 GW of put in photo voltaic capability, equal to 11.6% of the nation’s electrical energy combine. The utility-scale PV sector accounts for 7.8 GW and distributed technology for 17.2 GW.

As of July 2022, PV in Brazil has grown by a mean of 1 GW monthly, based on ABSolar. The nation has a cumulative capability of 16.4 GW in July, 17.5 GW in August, 18.6 GW in September, 21.1 GW in October, 22 GW in November, 23 GW in December, and 25 GW in February 2023.

ABSolar says this capability has attracted BRL 125.3 billion in new funding within the nation.

In January, Brazilian authorities launched new guidelines to make sure that PV techniques beneath 3 MW in dimension can nonetheless qualify for net-metering tariffs till 2045.

Grid funds for prosumers begin this 12 months, however the financial returns on rooftop PV and small photo voltaic parks are anticipated to stay excessive. The sturdy development recorded in 2022 can be associated to the introduction of this grid cost beginning in January.

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