Can photovoltaic energy be used in Brazil?

Although Brazil has excellent conditions for the generation of photovoltaic solar energy, its energy matrix is still composed of a large amount of fossil sources. There is a lack of studies on the change in GHG emissions by replacing these fossil sources with photovoltaic energy and the investment required for this change.

How much money does Brazil need to replace photovoltaic energy?

The investment required for this replacement is estimated at U$S 376,5 billion. Despite the photovoltaic energy promising type of energy for Brazil, it is still unfeasible for the country to achieve goals in Paris Agreement (0,187 GtCO2e for 2030).

Are wind and solar power reshaping Brazil's energy mix?

Wind and solar power are also reshaping the country’s energy mix. In 2024, they generated 24% of Brazil’s electricity, more than double their share from five years earlier. Solar power grew from just over 1% of generation in 2019 to 9.6% in 2024, while wind climbed from 8.8% to 15% over the same period.

Why is Brazil reshaping its energy mix?

Ember said the rapid growth of wind and solar helped Brazil avoid similar surges this year. Wind and solar power are also reshaping the country’s energy mix. In 2024, they generated 24% of Brazil’s electricity, more than double their share from five years earlier.

Does Brazil rely on subsidies to expand renewables?

Paulo Pedrosa, president of Abrace Energia, which represents large energy consumers, said Brazil’s heavy reliance on subsidies to expand renewables, particularly residential solar, has created distortions in the power market.

Does Brazil have a battery bottleneck?

Markus Vlasits, president of the Brazilian Association of Energy Storage Solutions (ABSAE), tells pv magazine about the nation’s utility-scale battery bottleneck. Ofgem has awarded GBP 500,000 ($677,000) to a consortium led by National Gas and Gravitricity to develop a lined shaft system for storing up to 100 tons of green hydrogen underground.