Solar Energy Triples Capacity in Brazil in One Year

Over the past six months, the sector grew 45 percent despite the coronavirus crisis. Banks offer financing with a share lower than savings.

RIO DE JANEIRO, BRAZIL - The total small solar energy generation systems, installed on the roofs of homes and businesses, reached 3 GW of installed power in the country, enough to supply 1.2 million homes, according to the Brazilian Association of Photovoltaic Solar Energy (ABSOLAR).

This type of power generation has tripled in Brazil over the past 12 months and has grown 45 percent over the past six months, despite the pandemic. There are currently 255,000 solar photovoltaic systems connected to the grid, which supply 319,000 consumer units, as the energy connections provided by the distributors are termed . . .

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