Polaris Solar Photovoltaic Network News: Brazil’s solar installed capacity has exceeded the 10,000 MW mark, which is equivalent to 70% of the world’s second largest hydro power station-Itaipu Hydro power Station, and Brazil has also ranked among the world’s solar installed capacity rankings. The 14th place on the list.

At present, solar energy occupies the fifth place in Brazil's electric energy structure, which is higher than that of thermal power plants powered by petroleum and other fossil fuels, which have an installed capacity of about 9,100 megawatts. The Brazilian Photovoltaic Solar Association (Absolar) stated that this achievement is directly attributable to the investment of more than 52.7 billion reais since 2012. The market expects that after the new regulatory framework for distributed power generation is approved, the The investment will continue to grow.

The new law stipulates that projects currently under construction and projects established within 12 months after the promulgation of the new law can enjoy discounts on power grid usage fees before 2045. The Brazilian Association of Distributed Generation (ABGD) estimates that this measure may encourage an additional 10,000 megawatts of installed capacity within two years.