In Brazil, Over 1 Million Homes to Produce Own Energy by 2024

Millions of homes in Brazil are estimated to adopt a new energy distribution model allowing them to generate their own renewable electricity.

By Nelson Belen and Ciara Long, Contributing Reporters

RIO DE JANEIRO, BRAZIL - According to estimates from Brazil's National Electric Energy Agency (ANEEL), by 2024, some 1.2 million Brazilian households are expected to adopt the new distributed energy generation system. This system allows consumers to cut costs by installing small renewable energy generators, like solar panels and microturbines, and pass on any excess energy to local distributors.

ANEEL Director Tiago Correia, who himself has eight solar panels serving all the Subscribe to our Premium Membership Plan. Already Subscribed?