World set to install 593 GW of new solar in 2024 - Ember
Sep 19, 2024 13:28 CESTBrazil has reached another milestone in the renewable energy sector by surpassing 35 GW of installed solar photovoltaic (PV) capacity in November.
Taking into account large-scale and small plants, solar power now represents 15.9% of the country's total power mix, local solar association Absolar has announced.
The market has installed 24.4 GW across distributed generation (DG) systems, deploying solar panels on rooftops, facades and small plots of land. Solar is the technology of choice for self-consumption, and it is used in 99.9% of all on-site DG arrays in the country.
Large-scale solar power plants are responsible for the remaining 10.6 GW.
The rollout of solar energy across the largest country in the region has brought in investments of BRL 170 billion (USD 34.4bn/EUR 32.3bn) since 2012, creating over one million local jobs and offsetting 42.8 million tonnes of carbon dioxide (CO2) emissions during electricity generation, Absolar noted.
(BRL 1.0 = USD 0.203/EUR 0.190)
World set to install 593 GW of new solar in 2024 - Ember
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