Global solar energy doubles in three years and reaches 1 terawatt

Global solar energy doubles in three years and reaches 1 terawatt

The solar source has just passed the 1 terawatt (TW) mark of installed power and could double in four years. To give you an idea, the installed capacity of the Itaipu Power Plant is 14 gigawatts (GW).

A study launched in Germany points out that solar energy in the world continues to grow and follows a more sustainable energy transformation. The solar source has just passed the 1 terawatt (TW) mark of installed power. To give you an idea, the installed capacity of the Itaipu Power Plant is 14 gigawatts (GW).

According to the “Global Market Outlook for Solar Power 2022-2026”, the main market report of the global solar photovoltaic sector, Brazil, the leading solar energy market in Latin America, is expected to become one of the main global markets in the coming years, reaching 54 gigawatts (GW) of total solar capacity by 2026.

Presented during Intersolar Europe, the largest fair and conference in the solar sector in Europe, the study, coordinated by SolarPower Europe, the European association for the solar sector, had the participation and co-authorship of the Brazilian Association of Photovoltaic Solar Energy (ABSOLAR).

ABSOLAR was responsible for two chapters of the document: one that presents the panorama and perspectives of solar energy in Latin America, the main highlight of this edition, and another specifically dedicated to the solar market in Brazil.

The annual report points out that, despite the unprecedented impacts caused by the covid-19 pandemic, solar installed capacity has doubled in the world in the last three years. With that, in April 2022 the sector surpassed the 1 TW mark of solar systems in operation in the world.

The projection is that the photovoltaic solar source will continue to accelerate its growth, surpassing the 2 TW mark in less than four years, which will represent twice the electricity generation capacity of France and Germany combined.

“In 2021, Brazil was one of the world’s leading markets in the installation of new solar systems, having added 5.7 GW throughout the year, considering the sum of large photovoltaic plants with its own solar energy generation systems on roofs, facades and small plots of land”, says Rodrigo Sauaia, executive president of ABSOLAR.

“Currently, the solar source is the fifth largest in the Brazilian electricity matrix, with 15.3 GW of installed capacity in operation. Since 2012, the solar sector has brought to the country more than R$ 82.1 billion in investments and more than 459 thousand new jobs, in addition to having avoided the emission of 22 million tons of CO2 in the generation of electricity. This is just the beginning, given that this clean, sustainable and affordable technology still has immense potential to advance in Brazil”, he concludes.

Source: Exam

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