From January to May, the sector has added 1236.6 megawatts (MW) in installed capacity, a 27.3% growth facing what was consolidated until 2019
São Paulo, July 2020 – An exclusive assessment from the Brazilian Solar Photovoltaic Energy Association (ABSOLAR) points out that solar photovoltaic energy was responsible for the creation of over 37 thousand jobs for Brazilian people in the first five months of 2020, even with the decrease in economic activity due to the Covid-19 pandemic.
According to the entity, from January to May this year, the sector added up 1236.6 megawatts (MW) in installed capacity, which represent a 27.3% growth facing the track record consolidated until the end of 2019. In these five months, new private investments of R$ 6 billion were attracted to Brazil. Hence, the photovoltaic enterprises that are already operational provided an aggregated collection of over R$ 2 billion in taxes to public coffers in 2020.
In May 2020 alone, the sector created 7.2 thousand jobs, bringing R$ 1 billion in new investments and the collection of over R$ 424.5 million of taxes to the country.
In the accumulated numbers since 2012, this energy source has already surpassed the milestone of 5.7 gigawatts (GW) of total operational capacity, adding up centralized generation and the small-scale systems (distributed generation). Thanks to this, solar energy has aggregated over R$ 30 billion in investments to Brazil, creating 165 thousand new jobs in the period.
According to the ABSOLAR’s president of the Board of Administrators, Ronaldo Koloszuk, solar energy presents itself as a powerful leverage to the upturn of the economy in Brazil, as it already did in the recent past. “In Brazil, during the crises in the years 2015 and 2016, the GDP was negative 3.8% and negative 3.6%, respectively, a real economic catastrophe. Meanwhile, the solar photovoltaic sector was moving the country towards other direction: it grew over 100% per year and helped to restructure the Brazilian economy faster. Once the most acute stage of this pandemic is over, the sector will once again propel the recovery in Brazil”, he comments.
To ABSOLAR’s CEO, Rodrigo Sauaia, solar photovoltaic energy, is strategic tool for Brazil on behalf of competitivity and sustainable development. “Besides being clean, renewable and increasingly more competitive, solar energy relieves the costs for consumers with electricity, protecting them from recurring increases in fees. This way, it strengthens the country’s economy and accelerates the Brazilian productive sectors, from agricultural business to commercial activities, from services to industry. And it also helps to recompose public coffers and to meet the environmental goals assumed by Brazil internationally”, Sauaia concludes.
Founded in 2013, the Brazilian Solar Photovoltaic Energy Association (ABSOLAR) gathers companies and professionals from the entire production chain of the solar photovoltaic sector acting in Brazil, both in the distributed generation and in the centralized generation areas. ABSOLAR coordinates, represents and defends the development of the solar photovoltaic energy sector and market in Brazil, promoting and spreading the use of this clean, renewable and sustainable energy in the country and representing the Brazilian photovoltaic sector internationally.
For more information, contact us:
Thiago Nassa (MTb. 30.914)
(+55 11) 99544 4954
Miriam Lovita – Communication and Marketing
Brazilian Solar Photovoltaic Energy Association – ABSOLAR
(+55 11) 3197 4560
- Global Solar Council joins the Global Alliance For Sustainable Energy as a founding member
- GSC goes to COP26 to represent the global solar power sector and ensure progress towards a sustainable future
- Solar Cookers International (SCI) shares their impact in their newly released Annual Report
- Solar photovoltaic in Brazil surpasses a great milestone and the country enters to the select group of 10 GW operational, celebrates ABSOLAR
- Approval of the legal framework for solar energy brings legal security and unlocks investments in Brazil, says ABSOLAR
October 25 @ 8:00 am - October 29 @ 5:00 pm